Caterpillar 262D3 vs Vermeer S450T: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $11,839 for the Vermeer S450T. That's a $23,094 difference. Based on 25 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Vermeer S450T is the better value buy for most Canadian buyers, averaging $23,094 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 →Vermeer S450T
SSL$11,839 CAD avg
$8,280
Low
$18,363
High
9
Sales
Avg 1,022 hours · 2014–2019 model years
Full price guide →What are the key differences between 262D3 and S450T?
- Price: The S450T is $23,094 cheaper on average (66% savings).
- Usage: Used 262D3s average 3,424 hours while S450Ts average 1,022 hours.
Both Caterpillar and Vermeer retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or S450T? Check current listings with Deal Scores.
Which is the better value: 262D3 or S450T?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Vermeer S450T if:
- You want lower upfront cost ($23,094 savings)
- You prefer Vermeer's dealer network and parts availability
How do 262D3 and S450T prices compare by year?
| Year | Caterpillar 262D3 | Vermeer S450T |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2019 | — | $9,230 (3) |
| 2015 | — | $10,571 (4) |
| 2014 | — | $18,289 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and S450T prices compare by hours?
| Hours | Caterpillar 262D3 | Vermeer S450T |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $14,953 (3) |
| 1,000-1,999 hrs | — | $10,571 (4) |
| 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 S450T 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
Vermeer S450T
No active listings right now.
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