Caterpillar 262D3 vs John Deere 312G: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $18,540 for the John Deere 312G. That's a $16,393 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 312G is the better value buy for most Canadian buyers, averaging $16,393 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 →John Deere 312G
SSL$18,540 CAD avg
$8,197
Low
$25,840
High
6
Sales
Avg 1,511 hours · 2016–2018 model years
Full price guide →What are the key differences between 262D3 and 312G?
- Price: The 312G is $16,393 cheaper on average (47% savings).
- Usage: Used 262D3s average 3,424 hours while 312Gs average 1,511 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 312G? Check current listings with Deal Scores.
Which is the better value: 262D3 or 312G?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 312G if:
- You want lower upfront cost ($16,393 savings)
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 312G prices compare by year?
| Year | Caterpillar 262D3 | John Deere 312G |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2018 | — | $8,765 (2) |
| 2017 | — | $24,305 (2) |
| 2016 | — | $22,550 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 312G prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 312G |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $22,550 (2) |
| 1,000-1,999 hrs | — | $16,535 (4) |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 312G in Canada?
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