Chevrolet Traverse 71·Hyundai Palisade 79on the MotiveGrid Score·Hyundai Palisade about $5,551 less over 5 years
The verdict
The 2026 Hyundai Palisade is the cheaper one to own — roughly $5,551 less over five years, mostly because it holds its value better. The Chevrolet Traverse counters with more cargo room (22.9 vs 19.1 cu ft) and more power (328 vs 287 hp).
Go with the Hyundai Palisade for the better long-term value; consider the Chevrolet Traverse if you prioritize more cargo space and stronger acceleration.
Last updated May 2026 · National-average estimates
Chevrolet Traverse vs. Hyundai Palisade
MotiveGrid scores, key specs, and five-year cost comparison: 2026 Chevrolet Traverse versus 2026 Hyundai Palisade.
Metric
Chevrolet Traverse
Hyundai Palisade
MotiveGrid Score
71
79
Cost of Ownership
63
72
Powertrain
57
48
Driver Assistance
22
32
Livability
58
71
Safety
97
100
5-Year Cost to Own
$63,572
$58,021
Depreciation (5-yr)
$24,032
$20,112
Fuel / Energy (5-yr)
$16,036
$16,036
Insurance (5-yr)
$11,185
$10,790
Maintenance (5-yr)
$2,490
$1,915
Tires (5-yr)
$2,150
$2,150
Financing (5-yr)
$6,515
$5,933
Registration (5-yr)
$1,165
$1,085
Starting Price
$43,300
$39,435
Horsepower
328 hp
287 hp
MPG (combined)
21 mpg
21 mpg
Cargo volume
22.9 cu ft
19.1 cu ft
Seating
7
8
Drivetrain
AWD
FWD
Gas
2026$43,300
MSRP
$43,300
Mo · 5yr
$1,060
$63,572 / 5 years
Best for comfort & features
Gas
2026$39,435
MSRP
$39,435
Mo · 5yr
$967
$58,021 / 5 years
Best for long-term savings
VS
01 · The MotiveGrid Score
Five measured pillars, weighted into one score.
Cost, Powertrain, Driver Assistance, Livability, and Safety — each scored against its class, then combined into a single MotiveGrid Score. Built by our engineering team and benchmarked against independent sources like NHTSA, IIHS, and CarEdge. How it’s calculated →
Hyundai Palisade scores higher overall.
Chevrolet Traverse
0
/ 100
Hyundai Palisade
0
/ 100
CostFive-year all-in cost to own, benchmarked against the class median.
Traverse
63
Palisade
72
Winner: Palisade
$5,551 cheaper / 5 yrs
Low maintenance cost▲
PowertrainEnergy efficiency paired with long-term ownership confidence.
Traverse
57
Palisade
48
Winner: Traverse
+9 pts
Driver AssistHighway driving support, parking convenience, and hands-free automation.
Traverse
22
Palisade
32
Winner: Palisade
+10 pts
LivabilityPassenger space, cargo room, and everyday maneuverability.
Traverse
58
Palisade
71
Winner: Palisade
+13 pts
SafetyCrash-test protection plus standard crash-avoidance features.
Hyundai Palisade is the better pick for long-term ownership — about $5,551 cheaper over 5 years with stronger fundamentals on running cost.
Chevrolet Traverse still wins if your priority is best for comfort & features.
Daily commuter
Chevrolet Traverse
Lowest energy cost per mile
Budget-focused
Hyundai Palisade
Cheapest to own across 5 years
Family hauler
Hyundai Palisade
Better safety rating with a 6th seat
Highway driver
Hyundai Palisade
Better adaptive cruise + lane keep
City driver
Hyundai Palisade
Easiest to park and maneuver in tight spots
03
Cost of Ownership
Monthly running costs — national baseline.
Adjust for your situation
State
Miles/yr15,000
Loan rate7%
Down payment20%
Chevrolet Traverse
Monthly · 5-Year avg
$1,060
$63,572 total / 5 years
Total · monthly$1,060/mo
Hyundai Palisade
Monthly · 5-Year avg
$967
$58,021 total / 5 years
Total · monthly$967/mo
04
Frequently asked questions
Hyundai Palisade comes out about $5,551 cheaper over 5 years on running costs (depreciation, fuel/energy, insurance, maintenance, financing). The gap shifts with your state, annual miles, and loan rate — use the "Adjust for your situation" panel above.