Caterpillar 262D3 vs John Deere 328: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $26,470 for the John Deere 328. That's a $8,463 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 328 is the better value buy for most Canadian buyers, averaging $8,463 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 328
SSL$26,470 CAD avg
$14,420
Low
$37,033
High
8
Sales
Avg 2,375 hours · 2006–2008 model years
Full price guide →What are the key differences between 262D3 and 328?
- Price: The 328 is $8,463 cheaper on average (24% savings).
- Usage: Used 262D3s average 3,424 hours while 328s average 2,375 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 328? Check current listings with Deal Scores.
Which is the better value: 262D3 or 328?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 328 if:
- You want lower upfront cost ($8,463 savings)
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 328 prices compare by year?
| Year | Caterpillar 262D3 | John Deere 328 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2008 | — | $27,811 (4) |
| 2007 | — | $35,206 (2) |
| 2006 | — | $15,052 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 328 prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 328 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $35,206 (2) |
| 2,000-2,999 hrs | $42,560 (6) | $27,811 (4) |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | $15,052 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 328 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
John Deere 328
No active listings right now.
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