Caterpillar 289D vs Mustang TL16: Which Is the Better Value?
The Caterpillar 289D averages $42,498 CAD at auction, compared to $36,775 for the Mustang TL16. That's a $5,723 difference. Based on 175 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Mustang TL16 is the better value buy for most Canadian buyers, averaging $5,723 less than the 289D.
Caterpillar 289D
CTL$42,498 CAD avg
$15,938
Low
$85,752
High
173
Sales
Avg 4,178 hours · 2014–2019 model years
Full price guide →Mustang TL16
CTL$36,775 CAD avg
$35,673
Low
$37,877
High
2
Sales
Avg 902 hours · 2007–2007 model years
Full price guide →What are the key differences between 289D and TL16?
- Price: The TL16 is $5,723 cheaper on average (13% savings).
- Usage: Used 289Ds average 4,178 hours while TL16s average 902 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 289D or TL16? Check current listings with Deal Scores.
Which is the better value: 289D or TL16?
Choose the Caterpillar 289D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL16 if:
- You want lower upfront cost ($5,723 savings)
- You prefer Mustang's dealer network and parts availability
How do 289D and TL16 prices compare by year?
| Year | Caterpillar 289D | Mustang TL16 |
|---|---|---|
| 2019 | $50,672 (14) | — |
| 2018 | $50,661 (16) | — |
| 2017 | $45,097 (34) | — |
| 2016 | $44,284 (36) | — |
| 2015 | $37,230 (45) | — |
| 2014 | $36,763 (28) | — |
| 2007 | — | $36,775 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D and TL16 prices compare by hours?
| Hours | Caterpillar 289D | Mustang TL16 |
|---|---|---|
| 0-999 hrs | $73,797 (12) | $36,775 (2) |
| 1,000-1,999 hrs | $53,030 (4) | — |
| 2,000-2,999 hrs | $54,344 (17) | — |
| 3,000-3,999 hrs | $47,094 (50) | — |
| 4,000+ hrs | $32,996 (86) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D or TL16 in Canada?
Caterpillar 289D
2015 Caterpillar 289D
2,538 hrs · Oro-Medonte
$55,500 CAD
2019 Caterpillar 289D
N/A hrs · Calgary
$42,500 CAD
2015 Caterpillar 289D
4,000 hrs · Lethbridge
$48,000 CAD
2019 Caterpillar 289D
4,747 hrs · Gilford
$39,000 CAD
Mustang TL16
No active listings right now.
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