Caterpillar 262D3 vs John Deere 318D: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $20,619 for the John Deere 318D. That's a $14,313 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 318D is the better value buy for most Canadian buyers, averaging $14,313 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 318D
SSL$20,619 CAD avg
$13,358
Low
$35,243
High
30
Sales
Avg 1,577 hours · 2010–2014 model years
Full price guide →What are the key differences between 262D3 and 318D?
- Price: The 318D is $14,313 cheaper on average (41% savings).
- Usage: Used 262D3s average 3,424 hours while 318Ds average 1,577 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 318D? Check current listings with Deal Scores.
Which is the better value: 262D3 or 318D?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318D if:
- You want lower upfront cost ($14,313 savings)
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 318D prices compare by year?
| Year | Caterpillar 262D3 | John Deere 318D |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2014 | — | $22,438 (2) |
| 2013 | — | $20,680 (16) |
| 2011 | — | $15,976 (4) |
| 2010 | — | $22,365 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 318D prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 318D |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $33,181 (2) |
| 1,000-1,999 hrs | — | $19,108 (20) |
| 2,000-2,999 hrs | $42,560 (6) | $19,361 (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 318D in Canada?
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