Caterpillar 262D vs Caterpillar 289D3: Which Is the Better Value?
The Caterpillar 262D averages $27,304 CAD at auction, compared to $71,262 for the Caterpillar 289D3. That's a $43,958 difference. Based on 139 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D is the better value buy for most Canadian buyers, averaging $43,958 less than the 289D3.
Caterpillar 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →Caterpillar 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 model years
Full price guide →What are the key differences between 262D and 289D3?
- Price: The 262D is $43,958 cheaper on average (62% savings).
- Track Type: 262D is a wheeled skid steer (SSL) while 289D3 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 262Ds average 3,845 hours while 289D3s average 1,828 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 262D or 289D3? Check current listings with Deal Scores.
Which is the better value: 262D or 289D3?
Choose the Caterpillar 262D if:
- You want lower upfront cost ($43,958 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 289D3 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 262D and 289D3 prices compare by year?
| Year | Caterpillar 262D | Caterpillar 289D3 |
|---|---|---|
| 2023 | — | $97,053 (22) |
| 2022 | — | $70,206 (6) |
| 2021 | — | $35,654 (6) |
| 2020 | — | $43,561 (8) |
| 2019 | $23,439 (4) | $50,295 (6) |
| 2018 | $26,302 (14) | — |
| 2017 | $24,194 (16) | — |
| 2016 | $31,259 (12) | — |
| 2015 | $31,425 (17) | — |
| 2014 | $23,830 (22) | — |
| 2013 | $42,801 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D and 289D3 prices compare by hours?
| Hours | Caterpillar 262D | Caterpillar 289D3 |
|---|---|---|
| 0-999 hrs | $47,156 (4) | $97,397 (24) |
| 1,000-1,999 hrs | $34,947 (14) | $63,219 (4) |
| 2,000-2,999 hrs | $29,670 (18) | $44,780 (7) |
| 3,000-3,999 hrs | $24,712 (11) | $41,957 (10) |
| 4,000+ hrs | $22,850 (38) | $32,384 (3) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D or 289D3 in Canada?
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