Caterpillar 289D3 vs Gehl 562: Which Is the Better Value?
The Caterpillar 289D3 averages $71,262 CAD at auction, compared to $9,276 for the Gehl 562. That's a $61,985 difference. Based on 56 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 $61,985 less than the 289D3.
Caterpillar 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 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 289D3 and 562?
- Price: The 562 is $61,985 cheaper on average (87% savings).
- Track Type: 289D3 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 289D3s average 1,828 hours while 562s average 2,774 hours.
Both Caterpillar and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a 289D3 or 562? Check current listings with Deal Scores.
Which is the better value: 289D3 or 562?
Choose the Caterpillar 289D3 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 ($61,985 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
How do 289D3 and 562 prices compare by year?
| Year | Caterpillar 289D3 | Gehl 562 |
|---|---|---|
| 2023 | $97,053 (22) | — |
| 2022 | $70,206 (6) | — |
| 2021 | $35,654 (6) | — |
| 2020 | $43,561 (8) | — |
| 2019 | $50,295 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D3 and 562 prices compare by hours?
| Hours | Caterpillar 289D3 | Gehl 562 |
|---|---|---|
| 0-999 hrs | $97,397 (24) | — |
| 1,000-1,999 hrs | $63,219 (4) | $7,405 (2) |
| 2,000-2,999 hrs | $44,780 (7) | $4,890 (2) |
| 3,000-3,999 hrs | $41,957 (10) | $12,405 (4) |
| 4,000+ hrs | $32,384 (3) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D3 or 562 in Canada?
Caterpillar 289D3
2022 Caterpillar 289D3
1,387 hrs · Edmonton
$100,000 CAD
2022 Caterpillar 289D3
N/A hrs · Brandon
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Saskatoon
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Edmonton
$109,998 CAD
Gehl 562
No active listings right now.
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