Caterpillar 262D3 vs John Deere 320: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $17,566 for the John Deere 320. That's a $17,366 difference. Based on 48 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 320 is the better value buy for most Canadian buyers, averaging $17,366 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 320
CTL$17,566 CAD avg
$7,286
Low
$27,192
High
32
Sales
Avg 2,313 hours · 2005–2009 model years
Full price guide →What are the key differences between 262D3 and 320?
- Price: The 320 is $17,366 cheaper on average (50% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while 320 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 320s average 2,313 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 320? Check current listings with Deal Scores.
Which is the better value: 262D3 or 320?
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 320 if:
- You want lower upfront cost ($17,366 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 320 prices compare by year?
| Year | Caterpillar 262D3 | John Deere 320 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2009 | — | $23,374 (2) |
| 2007 | — | $15,062 (4) |
| 2006 | — | $16,678 (12) |
| 2005 | — | $18,792 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 320 prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 320 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $14,990 (4) |
| 1,000-1,999 hrs | — | $22,521 (10) |
| 2,000-2,999 hrs | $42,560 (6) | $16,504 (8) |
| 3,000-3,999 hrs | $30,387 (2) | $15,281 (6) |
| 4,000+ hrs | $31,531 (7) | $17,681 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 320 in Canada?
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