Caterpillar 277B vs Gehl 562: Which Is the Better Value?
The Caterpillar 277B averages $22,804 CAD at auction, compared to $9,276 for the Gehl 562. That's a $13,527 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Gehl 562 is the better value buy for most Canadian buyers, averaging $13,527 less than the 277B.
Caterpillar 277B
CTL$22,804 CAD avg
$9,108
Low
$34,914
High
24
Sales
Avg 2,881 hours · 2004–2006 model years
Full price guide →Gehl 562
SSL$9,276 CAD avg
$4,705
Low
$15,306
High
8
Sales
Avg 2,774 hours · None–None model years
Full price guide →What are the key differences between 277B and 562?
- Price: The 562 is $13,527 cheaper on average (59% savings).
- Track Type: 277B is a compact track loader (CTL) while 562 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a 277B or 562? Check current listings with Deal Scores.
Which is the better value: 277B or 562?
Choose the Caterpillar 277B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the Gehl 562 if:
- You want lower upfront cost ($13,527 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
How do 277B and 562 prices compare by year?
| Year | Caterpillar 277B | Gehl 562 |
|---|---|---|
| 2006 | $28,171 (4) | — |
| 2005 | $21,651 (12) | — |
| 2004 | $21,850 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 277B and 562 prices compare by hours?
| Hours | Caterpillar 277B | Gehl 562 |
|---|---|---|
| 0-999 hrs | $27,160 (2) | — |
| 1,000-1,999 hrs | $27,160 (2) | $7,405 (2) |
| 2,000-2,999 hrs | $24,197 (6) | $4,890 (2) |
| 3,000-3,999 hrs | $21,690 (2) | $12,405 (4) |
| 4,000+ hrs | $29,397 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 277B or 562 in Canada?
Caterpillar 277B
All Caterpillar 277B listings →Gehl 562
No active listings right now.
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