Caterpillar 287B vs Gehl 562: Which Is the Better Value?
The Caterpillar 287B averages $27,750 CAD at auction, compared to $9,276 for the Gehl 562. That's a $18,473 difference. Based on 42 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 $18,473 less than the 287B.
Caterpillar 287B
CTL$27,750 CAD avg
$13,358
Low
$51,476
High
34
Sales
Avg 3,014 hours · 2004–2007 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 287B and 562?
- Price: The 562 is $18,473 cheaper on average (67% savings).
- Track Type: 287B 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 287B or 562? Check current listings with Deal Scores.
Which is the better value: 287B or 562?
Choose the Caterpillar 287B 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 ($18,473 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
How do 287B and 562 prices compare by year?
| Year | Caterpillar 287B | Gehl 562 |
|---|---|---|
| 2007 | $19,348 (8) | — |
| 2006 | $33,743 (12) | — |
| 2005 | $25,557 (12) | — |
| 2004 | $38,560 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 287B and 562 prices compare by hours?
| Hours | Caterpillar 287B | Gehl 562 |
|---|---|---|
| 0-999 hrs | $37,198 (6) | — |
| 1,000-1,999 hrs | — | $7,405 (2) |
| 2,000-2,999 hrs | $34,364 (6) | $4,890 (2) |
| 3,000-3,999 hrs | $32,614 (6) | $12,405 (4) |
| 4,000+ hrs | $19,728 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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