Caterpillar 232B2 vs Caterpillar 289D: Which Is the Better Value?

| Based on 175 verified Canadian auction sales

The Caterpillar 232B2 averages $11,328 CAD at auction, compared to $42,498 for the Caterpillar 289D. That's a $31,170 difference. Based on 175 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 232B2 is the better value buy for most Canadian buyers, averaging $31,170 less than the 289D.

Caterpillar 232B2

SSL

$11,328 CAD avg

$11,233

Low

$11,424

High

2

Sales

Avg 1,940 hours · 2008–2008 model years

Full price guide →

Caterpillar 289D

CTL

$42,498 CAD avg

$15,938

Low

$85,752

High

173

Sales

Avg 4,178 hours · 2014–2019 model years

Full price guide →

What are the key differences between 232B2 and 289D?

  • Price: The 232B2 is $31,170 cheaper on average (73% savings).
  • Track Type: 232B2 is a wheeled skid steer (SSL) while 289D is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 232B2s average 1,940 hours while 289Ds average 4,178 hours.

Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a 232B2 or 289D? Check current listings with Deal Scores.

Which is the better value: 232B2 or 289D?

Choose the Caterpillar 289D if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Caterpillar's dealer network and parts availability

How do 232B2 and 289D prices compare by year?

Caterpillar 232B2 vs Caterpillar 289D prices by model year (CAD)
Year Caterpillar 232B2 Caterpillar 289D
2019 $50,672 (14)
2018 $50,661 (16)
2017 $45,097 (34)
2016 $44,284 (36)
2015 $37,230 (45)
2014 $36,763 (28)
2008 $11,328 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 232B2 and 289D prices compare by hours?

Caterpillar 232B2 vs Caterpillar 289D prices by hours (CAD)
Hours Caterpillar 232B2 Caterpillar 289D
0-999 hrs $73,797 (12)
1,000-1,999 hrs $11,328 (2) $53,030 (4)
2,000-2,999 hrs $54,344 (17)
3,000-3,999 hrs $47,094 (50)
4,000+ hrs $32,996 (86)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 232B2 or 289D in Canada?

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