Caterpillar 262D3 vs John Deere 331G: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $59,332 for the John Deere 331G. That's a $24,398 difference. Based on 56 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 $24,398 less than the 331G.
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 331G
CTL$59,332 CAD avg
$28,082
Low
$83,036
High
40
Sales
Avg 1,876 hours · 2016–2023 model years
Full price guide →How do 262D3 and 331G specs compare?
| Spec | Caterpillar 262D3 | John Deere 331G |
|---|---|---|
| Horsepower | — | 91 hp |
| Rated Operating Capacity | — | 3,000 lbs |
| Operating Weight | — | 11,205 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 262D3 and 331G?
- Price: The 262D3 is $24,398 cheaper on average (41% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while 331G 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 331Gs average 1,876 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 331G? Check current listings with Deal Scores.
Which is the better value: 262D3 or 331G?
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($24,398 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 331G if:
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 331G prices compare by year?
| Year | Caterpillar 262D3 | John Deere 331G |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | $71,173 (6) |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | $55,128 (6) |
| 2020 | $33,538 (6) | $55,331 (6) |
| 2019 | — | $69,698 (6) |
| 2017 | — | $53,008 (10) |
| 2016 | — | $58,502 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 331G prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 331G |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $55,662 (8) |
| 1,000-1,999 hrs | — | $64,316 (18) |
| 2,000-2,999 hrs | $42,560 (6) | $63,395 (8) |
| 3,000-3,999 hrs | $30,387 (2) | $41,496 (4) |
| 4,000+ hrs | $31,531 (7) | $48,576 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 331G in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 262D3
We'll send you current pricing and available units. No spam.
Get a Price Quote on John Deere 331G
We'll send you current pricing and available units. No spam.