Caterpillar 262D3 vs Caterpillar 287B: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $27,750 for the Caterpillar 287B. That's a $7,183 difference. Based on 50 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 287B is the better value buy for most Canadian buyers, averaging $7,183 less than the 262D3.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →Caterpillar 287B
CTL$27,750 CAD avg
$13,358
Low
$51,476
High
34
Sales
Avg 3,014 hours · 2004–2007 model years
Full price guide →What are the key differences between 262D3 and 287B?
- Price: The 287B is $7,183 cheaper on average (21% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while 287B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 262D3s average 3,424 hours while 287Bs average 3,014 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 287B? Check current listings with Deal Scores.
Which is the better value: 262D3 or 287B?
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 287B if:
- You want lower upfront cost ($7,183 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 262D3 and 287B prices compare by year?
| Year | Caterpillar 262D3 | Caterpillar 287B |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2007 | — | $19,348 (8) |
| 2006 | — | $33,743 (12) |
| 2005 | — | $25,557 (12) |
| 2004 | — | $38,560 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 287B prices compare by hours?
| Hours | Caterpillar 262D3 | Caterpillar 287B |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $37,198 (6) |
| 2,000-2,999 hrs | $42,560 (6) | $34,364 (6) |
| 3,000-3,999 hrs | $30,387 (2) | $32,614 (6) |
| 4,000+ hrs | $31,531 (7) | $19,728 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 287B in Canada?
Caterpillar 262D3
2020 Caterpillar 262D3
1,243 hrs · Lacombe
$69,998 CAD
2023 Caterpillar 262D3
384 hrs · Castlegar
$74,998 CAD
2021 Caterpillar 262D3
72 hrs · Brandon
$53,750 CAD
2023 Caterpillar 262D3
494 hrs · Prince George
$82,500 CAD
Caterpillar 287B
No active listings right now.
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