Caterpillar 262B vs John Deere 328: Which Is the Better Value?
The Caterpillar 262B averages $18,443 CAD at auction, compared to $26,470 for the John Deere 328. That's a $8,026 difference. Based on 28 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 $8,026 less than the 328.
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 328
SSL$26,470 CAD avg
$14,420
Low
$37,033
High
8
Sales
Avg 2,375 hours · 2006–2008 model years
Full price guide →What are the key differences between 262B and 328?
- Price: The 262B is $8,026 cheaper on average (30% savings).
- Usage: Used 262Bs average 4,186 hours while 328s average 2,375 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262B or 328? Check current listings with Deal Scores.
Which is the better value: 262B or 328?
Choose the Caterpillar 262B if:
- You want lower upfront cost ($8,026 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 328 if:
- You prefer John Deere's dealer network and parts availability
How do 262B and 328 prices compare by year?
| Year | Caterpillar 262B | John Deere 328 |
|---|---|---|
| 2008 | — | $27,811 (4) |
| 2007 | $19,357 (2) | $35,206 (2) |
| 2006 | $16,135 (10) | $15,052 (2) |
| 2005 | $21,753 (6) | — |
| 2004 | $19,143 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262B and 328 prices compare by hours?
| Hours | Caterpillar 262B | John Deere 328 |
|---|---|---|
| 0-999 hrs | $22,441 (2) | $35,206 (2) |
| 2,000-2,999 hrs | $19,614 (2) | $27,811 (4) |
| 3,000-3,999 hrs | $19,357 (2) | — |
| 4,000+ hrs | $16,410 (8) | $15,052 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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