Caterpillar 289C2 vs Gehl 562: Which Is the Better Value?
The Caterpillar 289C2 averages $38,274 CAD at auction, compared to $9,276 for the Gehl 562. That's a $28,997 difference. Based on 48 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 $28,997 less than the 289C2.
Caterpillar 289C2
CTL$38,274 CAD avg
$25,805
Low
$66,776
High
40
Sales
Avg 4,103 hours · 2009–2013 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 289C2 and 562?
- Price: The 562 is $28,997 cheaper on average (76% savings).
- Track Type: 289C2 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.
- Usage: Used 289C2s average 4,103 hours while 562s average 2,774 hours.
Both Caterpillar and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a 289C2 or 562? Check current listings with Deal Scores.
Which is the better value: 289C2 or 562?
Choose the Caterpillar 289C2 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 ($28,997 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
How do 289C2 and 562 prices compare by year?
| Year | Caterpillar 289C2 | Gehl 562 |
|---|---|---|
| 2013 | $37,077 (22) | — |
| 2012 | $41,430 (16) | — |
| 2009 | $26,184 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289C2 and 562 prices compare by hours?
| Hours | Caterpillar 289C2 | Gehl 562 |
|---|---|---|
| 1,000-1,999 hrs | $55,462 (4) | $7,405 (2) |
| 2,000-2,999 hrs | $39,167 (6) | $4,890 (2) |
| 3,000-3,999 hrs | $38,984 (10) | $12,405 (4) |
| 4,000+ hrs | $34,778 (18) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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