Caterpillar 262D3 vs Mustang TL25: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $7,111 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Mustang TL25 is the better value buy for most Canadian buyers, averaging $7,111 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 →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →What are the key differences between 262D3 and TL25?
- Price: The TL25 is $7,111 cheaper on average (20% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while TL25 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 TL25s average 2,704 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or TL25? Check current listings with Deal Scores.
Which is the better value: 262D3 or TL25?
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL25 if:
- You want lower upfront cost ($7,111 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do 262D3 and TL25 prices compare by year?
| Year | Caterpillar 262D3 | Mustang TL25 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and TL25 prices compare by hours?
| Hours | Caterpillar 262D3 | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $21,921 (2) |
| 2,000-2,999 hrs | $42,560 (6) | $24,569 (2) |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or TL25 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
Mustang TL25
No active listings right now.
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