Caterpillar 262D3 vs Caterpillar 289D: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $42,498 for the Caterpillar 289D. That's a $7,565 difference. Based on 189 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D3 is the better value buy for most Canadian buyers, averaging $7,565 less than the 289D.
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 289D
CTL$42,498 CAD avg
$15,938
Low
$85,752
High
173
Sales
Avg 4,178 hours · 2014–2019 model years
Full price guide →What are the key differences between 262D3 and 289D?
- Price: The 262D3 is $7,565 cheaper on average (18% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while 289D 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 289Ds average 4,178 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 289D? Check current listings with Deal Scores.
Which is the better value: 262D3 or 289D?
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($7,565 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 289D if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 262D3 and 289D prices compare by year?
| Year | Caterpillar 262D3 | Caterpillar 289D |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2019 | — | $50,672 (14) |
| 2018 | — | $50,661 (16) |
| 2017 | — | $45,097 (34) |
| 2016 | — | $44,284 (36) |
| 2015 | — | $37,230 (45) |
| 2014 | — | $36,763 (28) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 289D prices compare by hours?
| Hours | Caterpillar 262D3 | Caterpillar 289D |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $73,797 (12) |
| 1,000-1,999 hrs | — | $53,030 (4) |
| 2,000-2,999 hrs | $42,560 (6) | $54,344 (17) |
| 3,000-3,999 hrs | $30,387 (2) | $47,094 (50) |
| 4,000+ hrs | $31,531 (7) | $32,996 (86) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 289D in Canada?
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