Caterpillar 262D3 vs John Deere 318G: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $24,411 for the John Deere 318G. That's a $10,521 difference. Based on 25 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 318G is the better value buy for most Canadian buyers, averaging $10,521 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 318G
SSL$24,411 CAD avg
$11,040
Low
$31,870
High
9
Sales
Avg 1,418 hours · 2016–2020 model years
Full price guide →How do 262D3 and 318G specs compare?
| Spec | Caterpillar 262D3 | John Deere 318G |
|---|---|---|
| Horsepower | — | 65 hp |
| Rated Operating Capacity | — | 1,850 lbs |
| Operating Weight | — | 6,830 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 262D3 and 318G?
- Price: The 318G is $10,521 cheaper on average (30% savings).
- Usage: Used 262D3s average 3,424 hours while 318Gs average 1,418 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 318G? Check current listings with Deal Scores.
Which is the better value: 262D3 or 318G?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318G if:
- You want lower upfront cost ($10,521 savings)
- You prefer John Deere's dealer network and parts availability
How do 262D3 and 318G prices compare by year?
| Year | Caterpillar 262D3 | John Deere 318G |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | $11,040 (1) |
| 2017 | — | $29,976 (2) |
| 2016 | — | $24,785 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 318G prices compare by hours?
| Hours | Caterpillar 262D3 | John Deere 318G |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $29,976 (2) |
| 1,000-1,999 hrs | — | $24,785 (6) |
| 2,000-2,999 hrs | $42,560 (6) | $11,040 (1) |
| 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 318G in Canada?
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