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Even though it has a lower starting price, it will apparently cost you more to lease the Palisade compared to the Telluride.

Cars Direct looked at the numbers for both SUVs and broke down how much it will cost. https://www.carsdirect.com/deals-articles/2020-hyundai-palisade-is-more-expensive-to-lease-than-kia-telluride

According to a bulletin sent to dealers, lease pricing for the 2020 Palisade SE (MSRP $32,595) will start at $359 for 36 months with $3,399 due at signing. The national offer includes an allowance of 12,000 miles per year and equates to an effective cost of $453/month.

At the same time, the 2020 Kia Telluride LX (MSRP $32,735) is listed at $299 for 36 months with $3,499 at signing in most of the country with the same mileage allowance. Its effective cost? $396/month. That makes the Telluride $140 pricier on paper but $57/month cheaper to lease.
 
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