Caterpillar 262B vs John Deere 331G: Which Is the Better Value?
The Caterpillar 262B averages $18,443 CAD at auction, compared to $59,332 for the John Deere 331G. That's a $40,888 difference. Based on 60 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 $40,888 less than the 331G.
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 331G
CTL$59,332 CAD avg
$28,082
Low
$83,036
High
40
Sales
Avg 1,876 hours · 2016–2023 model years
Full price guide →How do 262B and 331G specs compare?
| Spec | Caterpillar 262B | John Deere 331G |
|---|---|---|
| Horsepower | — | 91 hp |
| Rated Operating Capacity | — | 3,000 lbs |
| Operating Weight | — | 11,205 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 262B and 331G?
- Price: The 262B is $40,888 cheaper on average (69% savings).
- Track Type: 262B is a wheeled skid steer (SSL) while 331G 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 331Gs average 1,876 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262B or 331G? Check current listings with Deal Scores.
Which is the better value: 262B or 331G?
Choose the Caterpillar 262B if:
- You want lower upfront cost ($40,888 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 331G if:
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
How do 262B and 331G prices compare by year?
| Year | Caterpillar 262B | John Deere 331G |
|---|---|---|
| 2023 | — | $71,173 (6) |
| 2021 | — | $55,128 (6) |
| 2020 | — | $55,331 (6) |
| 2019 | — | $69,698 (6) |
| 2017 | — | $53,008 (10) |
| 2016 | — | $58,502 (2) |
| 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 331G prices compare by hours?
| Hours | Caterpillar 262B | John Deere 331G |
|---|---|---|
| 0-999 hrs | $22,441 (2) | $55,662 (8) |
| 1,000-1,999 hrs | — | $64,316 (18) |
| 2,000-2,999 hrs | $19,614 (2) | $63,395 (8) |
| 3,000-3,999 hrs | $19,357 (2) | $41,496 (4) |
| 4,000+ hrs | $16,410 (8) | $48,576 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262B or 331G in Canada?
Caterpillar 262B
No active listings right now.
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