Caterpillar 246D vs Gehl 562: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $9,276 for the Gehl 562. That's a $16,808 difference. Based on 38 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Gehl 562 is the better value buy for most Canadian buyers, averaging $16,808 less than the 246D.
Caterpillar 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →Gehl 562
SSL$9,276 CAD avg
$4,705
Low
$15,306
High
8
Sales
Avg 2,774 hours · None–None model years
Full price guide →What are the key differences between 246D and 562?
- Price: The 562 is $16,808 cheaper on average (64% savings).
- Usage: Used 246Ds average 5,024 hours while 562s average 2,774 hours.
Both Caterpillar and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or 562? Check current listings with Deal Scores.
Which is the better value: 246D or 562?
Choose the Caterpillar 246D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Gehl 562 if:
- You want lower upfront cost ($16,808 savings)
- You prefer Gehl's dealer network and parts availability
How do 246D and 562 prices compare by year?
| Year | Caterpillar 246D | Gehl 562 |
|---|---|---|
| 2019 | $26,817 (4) | — |
| 2018 | $25,143 (6) | — |
| 2017 | $29,262 (2) | — |
| 2016 | $18,027 (4) | — |
| 2015 | $24,088 (6) | — |
| 2014 | $25,777 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246D and 562 prices compare by hours?
| Hours | Caterpillar 246D | Gehl 562 |
|---|---|---|
| 1,000-1,999 hrs | $28,287 (3) | $7,405 (2) |
| 2,000-2,999 hrs | $29,667 (3) | $4,890 (2) |
| 3,000-3,999 hrs | $28,910 (6) | $12,405 (4) |
| 4,000+ hrs | $24,179 (18) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246D or 562 in Canada?
Caterpillar 246D
2017 Caterpillar 246D
3,034 hrs · Edmonton
$39,500 CAD
2018 Caterpillar 246D
2,886 hrs · Surrey
$48,900 CAD
2017 Caterpillar 246D
3,068 hrs · Edmonton
$41,900 CAD
2015 Caterpillar 246D
N/A hrs · Penticton
$41,500 CAD
Gehl 562
No active listings right now.
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