Caterpillar 262B vs John Deere 324G: Which Is the Better Value?
The Caterpillar 262B averages $18,443 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $27,587 difference. Based on 31 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 $27,587 less than the 324G.
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 →John Deere 324G
SSL$46,031 CAD avg
$24,839
Low
$75,202
High
11
Sales
Avg 2,315 hours · 2019–2023 model years
Full price guide →How do 262B and 324G specs compare?
| Spec | Caterpillar 262B | John Deere 324G |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,400 lbs |
| Operating Weight | — | 7,640 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 262B and 324G?
- Price: The 262B is $27,587 cheaper on average (60% savings).
- Usage: Used 262Bs average 4,186 hours while 324Gs average 2,315 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262B or 324G? Check current listings with Deal Scores.
Which is the better value: 262B or 324G?
Choose the Caterpillar 262B if:
- You want lower upfront cost ($27,587 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 324G if:
- You prefer John Deere's dealer network and parts availability
How do 262B and 324G prices compare by year?
| Year | Caterpillar 262B | John Deere 324G |
|---|---|---|
| 2023 | — | $71,376 (2) |
| 2022 | — | $26,834 (2) |
| 2021 | — | $36,844 (4) |
| 2019 | — | $54,181 (3) |
| 2007 | $19,357 (2) | — |
| 2006 | $16,135 (10) | — |
| 2005 | $21,753 (6) | — |
| 2004 | $19,143 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262B and 324G prices compare by hours?
| Hours | Caterpillar 262B | John Deere 324G |
|---|---|---|
| 0-999 hrs | $22,441 (2) | $70,114 (4) |
| 2,000-2,999 hrs | $19,614 (2) | $35,267 (3) |
| 3,000-3,999 hrs | $19,357 (2) | $26,834 (2) |
| 4,000+ hrs | $16,410 (8) | $33,207 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262B or 324G in Canada?
Caterpillar 262B
No active listings right now.
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