Caterpillar 262D3 vs John Deere 318E: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $31,600 for the John Deere 318E. That's a $3,333 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,333 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 318E
SSL$31,600 CAD avg
$22,770
Low
$45,679
High
10
Sales
Avg 880 hours · 2014–2015 model years
Full price guide →What are the key differences between 262D3 and 318E?
- Price: The 318E is $3,333 cheaper on average (10% savings).
- Usage: Used 262D3s average 3,424 hours while 318Es average 880 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 318E? Check current listings with Deal Scores.
Which is the better value: 262D3 or 318E?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318E if:
- You want lower upfront cost ($3,333 savings)
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 318E prices compare by year?
| Year | Caterpillar 262D3 | John Deere 318E |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2015 | — | $34,846 (6) |
| 2014 | — | $26,732 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 318E prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 318E |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $32,867 (8) |
| 1,000-1,999 hrs | — | $26,534 (2) |
| 2,000-2,999 hrs | $42,560 (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 318E 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 318E
No active listings right now.
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