Caterpillar 299C vs Gehl 562: Which Is the Better Value?
The Caterpillar 299C averages $36,055 CAD at auction, compared to $9,276 for the Gehl 562. That's a $26,778 difference. Based on 22 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 $26,778 less than the 299C.
Caterpillar 299C
CTL$36,055 CAD avg
$82
Low
$52,070
High
14
Sales
Avg 3,896 hours · 2011–2012 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 299C and 562?
- Price: The 562 is $26,778 cheaper on average (74% savings).
- Track Type: 299C 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 299Cs average 3,896 hours while 562s average 2,774 hours.
Both Caterpillar and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a 299C or 562? Check current listings with Deal Scores.
Which is the better value: 299C or 562?
Choose the Caterpillar 299C 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 ($26,778 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
How do 299C and 562 prices compare by year?
| Year | Caterpillar 299C | Gehl 562 |
|---|---|---|
| 2012 | $37,086 (6) | — |
| 2011 | $47,013 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 299C and 562 prices compare by hours?
| Hours | Caterpillar 299C | Gehl 562 |
|---|---|---|
| 1,000-1,999 hrs | — | $7,405 (2) |
| 2,000-2,999 hrs | $48,224 (4) | $4,890 (2) |
| 3,000-3,999 hrs | $42,691 (4) | $12,405 (4) |
| 4,000+ hrs | $35,234 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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