Caterpillar 262B vs Caterpillar 287B: Which Is the Better Value?

| Based on 54 verified Canadian auction sales

The Caterpillar 262B averages $18,443 CAD at auction, compared to $27,750 for the Caterpillar 287B. That's a $9,306 difference. Based on 54 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 262B is the better value buy for most Canadian buyers, averaging $9,306 less than the 287B.

Caterpillar 262B

SSL

$18,443 CAD avg

$11,840

Low

$26,564

High

20

Sales

Avg 4,186 hours · 2004–2007 model years

Full price guide →

Caterpillar 287B

CTL

$27,750 CAD avg

$13,358

Low

$51,476

High

34

Sales

Avg 3,014 hours · 2004–2007 model years

Full price guide →

What are the key differences between 262B and 287B?

  • Price: The 262B is $9,306 cheaper on average (34% savings).
  • Track Type: 262B is a wheeled skid steer (SSL) while 287B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 262Bs average 4,186 hours while 287Bs average 3,014 hours.

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

Looking for a 262B or 287B? Check current listings with Deal Scores.

Which is the better value: 262B or 287B?

Choose the Caterpillar 287B if:

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

How do 262B and 287B prices compare by year?

Caterpillar 262B vs Caterpillar 287B prices by model year (CAD)
Year Caterpillar 262B Caterpillar 287B
2007 $19,357 (2) $19,348 (8)
2006 $16,135 (10) $33,743 (12)
2005 $21,753 (6) $25,557 (12)
2004 $19,143 (2) $38,560 (2)

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

How do 262B and 287B prices compare by hours?

Caterpillar 262B vs Caterpillar 287B prices by hours (CAD)
Hours Caterpillar 262B Caterpillar 287B
0-999 hrs $22,441 (2) $37,198 (6)
2,000-2,999 hrs $19,614 (2) $34,364 (6)
3,000-3,999 hrs $19,357 (2) $32,614 (6)
4,000+ hrs $16,410 (8) $19,728 (8)

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

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