When we compare the 2022 Chevrolet Traverse's and the 2022 Hyundai PALISADE's specifications and ratings, the 2022 Chevrolet Traverse has the advantage in the areas of typical lower range of pricing for used cars, interior volume and base engine power. The 2022 Hyundai PALISADE has the advantage in the areas of new vehicle base pricing, fuel efficiency and resale value. Based on this comparison of the 2022 Chevrolet Traverse's and the 2022 Hyundai PALISADE's specifications and ratings, the two cars are fairly comparable.
2022 Chevrolet Traverse vs. 2022 Hyundai PALISADE Pricing
A used 2022 Chevrolet Traverse ranges from $29,741 to $47,026 while a used 2022 Hyundai PALISADE is priced between $34,989 to $49,981. For a new model, the 2022 Chevrolet Traverse's price is between $34,792 and $68,728, with the 2022 Hyundai PALISADE priced between $33,419 and $50,825.
2022 Chevrolet Traverse vs. 2022 Hyundai PALISADE Resale/Retained Value
Looking at the 5-year depreciation rate for both models, the 2022 Chevrolet Traverse loses 51.3 percent of its value and the 2022 Hyundai PALISADE loses 48.2 percent of its value. This means the 2022 Hyundai PALISADE retains 3.1 percentage points more of its value and has the advantage of higher resale value versus the 2022 Chevrolet Traverse.
Engine Power and Fuel Efficiency Comparison
For engine performance, the 2022 Chevrolet Traverse’s base engine makes 310 horsepower, and the 2022 Hyundai PALISADE base engine makes 291 horsepower. The Traverse is rated to deliver an average of 21 miles per gallon, with a highway range of 524 miles. The PALISADE is rated to deliver an average of 22 miles per gallon, with a highway range of 489 miles.This gives the 2022 Hyundai PALISADE the advantage in fuel efficiency and the 2022 Chevrolet Traverse the advantage in maximum range. Both models use regular unleaded.
Passenger Space Comparison
While both models are crossover/midsize SUVs, the 2022 Chevrolet Traverse has the advantage of offering more front head room, front shoulder room, rear shoulder room, and cargo space. The 2022 Hyundai PALISADE has the advantage in the areas of front leg room, rear head room and rear leg room.
Safety Ratings Comparison
When comparing crash test ratings from NHTSA, the 2022 Hyundai PALISADE has higher safety ratings than the 2022 Chevrolet Traverse, with an average rating of 5 out of 5 Stars compared to 4.81 out of 5 Stars.