Caterpillar 262D vs John Deere 324G: Which Is the Better Value?
The Caterpillar 262D averages $27,304 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $18,727 difference. Based on 102 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 $18,727 less than the 324G.
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 →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 262D and 324G specs compare?
| Spec | Caterpillar 262D | 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 262D and 324G?
- Price: The 262D is $18,727 cheaper on average (41% savings).
- Usage: Used 262Ds average 3,845 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 262D or 324G? Check current listings with Deal Scores.
Which is the better value: 262D or 324G?
Choose the Caterpillar 262D if:
- You want lower upfront cost ($18,727 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 262D and 324G prices compare by year?
| Year | Caterpillar 262D | John Deere 324G |
|---|---|---|
| 2023 | — | $71,376 (2) |
| 2022 | — | $26,834 (2) |
| 2021 | — | $36,844 (4) |
| 2019 | $23,439 (4) | $54,181 (3) |
| 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 324G prices compare by hours?
| Hours | Caterpillar 262D | John Deere 324G |
|---|---|---|
| 0-999 hrs | $47,156 (4) | $70,114 (4) |
| 1,000-1,999 hrs | $34,947 (14) | — |
| 2,000-2,999 hrs | $29,670 (18) | $35,267 (3) |
| 3,000-3,999 hrs | $24,712 (11) | $26,834 (2) |
| 4,000+ hrs | $22,850 (38) | $33,207 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D or 324G in Canada?
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