Is the $15,995 price on this 2020 Hyundai Palisade a good deal?

OAV rates this as a Great Deal because the asking price of $15,995 is below the typical market range for this vehicle.

How long does a 2020 Hyundai Palisade typically stay on dealer lots?

Comparable Hyundai Palisade listings in VA spend an average of 53 days on dealer lots.

Where is this 2020 Hyundai Palisade located?

This vehicle is listed in Richmond, VA 23237. VIN: KM8R5DHE7LU046966. Mileage: 145,646 miles.

What is the fair market price range for this 2020 Hyundai Palisade?

OAV's Price-to-Market analysis estimates the fair market range is $23,794 to $29,876, based on 17 comparable listings matched to this vehicle.

2020 Hyundai Palisade Limited for Sale in Richmond, VA

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Vehicle Details

VINKM8R5DHE7LU046966

TrimLimited

Exterior ColorBlue

Drivetrain4WD

Engine3.8L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot28

Limited

Great Deal

$15,995145,646 mi

Richmond, VA 23237

Is this 2020 Hyundai Palisade Limited a good deal?

OAV verdict: Great Deal

Why: Listed at $15,995, comparable market range $23,794–$29,876, based on 17 comparable listings. Days on lot: 28 days (market average 53 days).

Market price position

$15,995 · $7,799 below market low

Comparable range: $23,794 – $29,876
vs. market low: — $7,799 (33% below)
Comparable vehicles: 17

Market Retail Price (MRP™)

$26,835

This vehicle $15,995 · $10,840 (40%) below MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$18,862

This vehicle $15,995 · $2,867 (15%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-06) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 15–57 days.

Verify before inquiring

This listing is priced about 33% below the lowest comparable vehicle in the regional market. A discount this steep is unusual — confirm the vehicle's title status, history, condition, and out-the-door price (pull a vehicle history report and review the photos) before inquiring.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Local Range$25,750 – $25,750

Regional Range$23,794 – $29,876

Commonwealth Motors Llc

Richmond, VA

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

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Request availability and out-the-door price

OAV will route your inquiry to Commonwealth Motors Llc for current availability of this 2020 Hyundai Palisade Limited and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2020 Hyundai Palisade

Listing updated: Aug 6, 2026

Listed by an independent dealer in Richmond, VA · On lot for 28 days · VIN verifiable at NHTSA

This used 2020 Hyundai Palisade Limited is listed at $15,995 by commonwealth motors llc in Richmond, VA 23237. It has 145,646 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Blue. It features a 4WD drivetrain with a 3.8L V6 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 17 comparable listings matched to this vehicle, the estimated market range is $23,794 to $29,876. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).

This vehicle has been on the lot for 28 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Richmond, VA suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2020 Hyundai Palisade against similar vehicles currently available in the local and regional market — same make, model, and year range (currently across available trims and configurations; trim-level matching is rolling out), filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Richmond, VA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8R5DHE7LU046966 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2020 Hyundai Palisade Market in VA

VA Market Listings

139

Average Price

$24,744

Price Range

$11,995–$36,990

Avg Days on Lot

Based on all 139 2018-2022 Hyundai Palisade listings in the VA market, the average asking price is $24,744. This listing at $15,995 is $8,749 below the broader VA average (35% below the VA average). This is a wider, all-trim comparison across VA; OAV's price verdict above uses the closer comparable set. Comparable prices in VA range from $11,995 to $36,990. Similar vehicles spend an average of 53 days on dealer lots in this market.