CarFitt

Ford Explorer vs Hyundai Palisade: cost to own

Verdict, over 6 years

The Ford Explorer costs about $5,441 less

That's $76 a month. Closest matching trims: same fuel and drive where possible.
Explorer Active✓ $1,470/moTrue cost
Palisade Preferred Trend$1,545/moTrue cost
2027 Ford Explorer
2027 Ford Explorer
Closest matching trim: Explorer Active
Sticker (MSRP)$52,700
+$10,460→↓Freight, fees, HST
Drive away$63,160
+ running costs→↓− $23,152 resale
True cost$1,470/moA month to own, after resale
2026 Hyundai Palisade
2026 Hyundai Palisade
Closest matching trim: Palisade Preferred Trend
Sticker (MSRP)$53,699
+$10,769→↓Freight, fees, HST
Drive away$64,468
+ running costs→↓− $23,591 resale
True cost$1,545/moA month to own, after resale

Line by line

Price
Sticker (MSRP)✓ $52,700$53,699Explorer by $999
Freight and fees, before tax✓ $3,194$3,352Explorer by $158
Sales tax (HST)✓ $7,266$7,417Explorer by $151
Drive-away price✓ $63,160$64,468Explorer by $1,308
Running costs, 6 years
Fuel or charging$19,418✓ $18,581Palisade by $837
Insurance (estimate)✓ $13,396$17,553Explorer by $4,157
Maintenance (estimate)✓ $7,750$8,474Explorer by $724
Loan rate6.5%6.5%—
Loan interest✓ $12,232$12,507Explorer by $275
Lost return on your money✓ $12,921$13,173Explorer by $252
Resale after 6 yrs−$23,152✓ −$23,591Palisade by $439
Total
True cost✓ $105,816$111,256Explorer by $5,440
True cost a month✓ $1,470/mo$1,545/moExplorer by $75
You pay each month✓ $1,542/mo$1,620/moExplorer by $78
Practical
Fuel typeGasGas—
Seats78—
Carry-ons, 2 peopleNot published8+—
Towing, lb5,0005,000—
Cargo behind row 2, litresNot published1,310—
Length—5.06 m—
Ground clearance—19 cm—
Resale % after 6 yrs44%44%—
US crash test5★ (closest version)5★—
Price
Sticker (MSRP)
Explorer Active ✓ $52,700Palisade Preferred Trend $53,699Cheaper by Explorer by $999
Freight and fees, before tax
Explorer Active ✓ $3,194Palisade Preferred Trend $3,352Cheaper by Explorer by $158
Sales tax (HST)
Explorer Active ✓ $7,266Palisade Preferred Trend $7,417Cheaper by Explorer by $151
Drive-away price
Explorer Active ✓ $63,160Palisade Preferred Trend $64,468Cheaper by Explorer by $1,308
Running costs, 6 years
Fuel or charging
Explorer Active $19,418Palisade Preferred Trend ✓ $18,581Cheaper by Palisade by $837
Insurance (estimate)
Explorer Active ✓ $13,396Palisade Preferred Trend $17,553Cheaper by Explorer by $4,157
Maintenance (estimate)
Explorer Active ✓ $7,750Palisade Preferred Trend $8,474Cheaper by Explorer by $724
Loan rate
Explorer Active 6.5%Palisade Preferred Trend 6.5%Cheaper by —
Loan interest
Explorer Active ✓ $12,232Palisade Preferred Trend $12,507Cheaper by Explorer by $275
Lost return on your money
Explorer Active ✓ $12,921Palisade Preferred Trend $13,173Cheaper by Explorer by $252
Resale after 6 yrs
Explorer Active −$23,152Palisade Preferred Trend ✓ −$23,591Cheaper by Palisade by $439
Total
True cost
Explorer Active ✓ $105,816Palisade Preferred Trend $111,256Cheaper by Explorer by $5,440
True cost a month
Explorer Active ✓ $1,470/moPalisade Preferred Trend $1,545/moCheaper by Explorer by $75
You pay each month
Explorer Active ✓ $1,542/moPalisade Preferred Trend $1,620/moCheaper by Explorer by $78
Practical
Fuel type
Explorer Active GasPalisade Preferred Trend GasCheaper by —
Seats
Explorer Active 7Palisade Preferred Trend 8Cheaper by —
Carry-ons, 2 people
Explorer Active Not publishedPalisade Preferred Trend 8+Cheaper by —
Towing, lb
Explorer Active 5,000Palisade Preferred Trend 5,000Cheaper by —
Cargo behind row 2, litres
Explorer Active Not publishedPalisade Preferred Trend 1,310Cheaper by —
Length
Explorer Active —Palisade Preferred Trend 5.06 mCheaper by —
Ground clearance
Explorer Active —Palisade Preferred Trend 19 cmCheaper by —
Resale % after 6 yrs
Explorer Active 44%Palisade Preferred Trend 44%Cheaper by —
US crash test
Explorer Active 5★ (closest version)Palisade Preferred Trend 5★Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $999.