Caterpillar 262D3 vs John Deere 316G: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $21,544 for the John Deere 316G. That's a $13,388 difference. Based on 21 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 316G is the better value buy for most Canadian buyers, averaging $13,388 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 316G
SSL$21,544 CAD avg
$15,179
Low
$34,858
High
5
Sales
Avg 3,676 hours · 2016–2018 model years
Full price guide →What are the key differences between 262D3 and 316G?
- Price: The 316G is $13,388 cheaper on average (38% savings).
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 316G? Check current listings with Deal Scores.
Which is the better value: 262D3 or 316G?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 316G if:
- You want lower upfront cost ($13,388 savings)
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 316G prices compare by year?
| Year | Caterpillar 262D3 | John Deere 316G |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2018 | — | $34,858 (1) |
| 2017 | — | $20,240 (2) |
| 2016 | — | $16,192 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 316G prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 316G |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | $21,544 (5) |
| 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 316G in Canada?
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