Caterpillar 262D vs Morbark 700H: Which Is the Better Value?

| Based on 97 verified Canadian auction sales

The Caterpillar 262D averages $27,304 CAD at auction, compared to $10,511 for the Morbark 700H. That's a $16,793 difference. Based on 97 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Morbark 700H is the better value buy for most Canadian buyers, averaging $16,793 less than the 262D.

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 →

Morbark 700H

$10,511 CAD avg

$9,259

Low

$11,610

High

6

Sales

Avg 907 hours · 2017–2018 model years

Full price guide →

What are the key differences between 262D and 700H?

  • Price: The 700H is $16,793 cheaper on average (62% savings).
  • Track Type: 262D is a wheeled skid steer (SSL) while 700H is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 262Ds average 3,845 hours while 700Hs average 907 hours.

Both Caterpillar and Morbark retain value well. See our depreciation guide for brand rankings.

Looking for a 262D or 700H? Check current listings with Deal Scores.

Which is the better value: 262D or 700H?

Choose the Caterpillar 262D if:

  • You prefer Caterpillar's dealer network and parts availability

How do 262D and 700H prices compare by year?

Caterpillar 262D vs Morbark 700H prices by model year (CAD)
Year Caterpillar 262D Morbark 700H
2019 $23,439 (4)
2018 $26,302 (14) $11,194 (2)
2017 $24,194 (16) $10,169 (4)
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 700H prices compare by hours?

Caterpillar 262D vs Morbark 700H prices by hours (CAD)
Hours Caterpillar 262D Morbark 700H
0-999 hrs $47,156 (4) $10,406 (4)
1,000-1,999 hrs $34,947 (14) $10,721 (2)
2,000-2,999 hrs $29,670 (18)
3,000-3,999 hrs $24,712 (11)
4,000+ hrs $22,850 (38)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 262D or 700H in Canada?

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