Caterpillar 299D3 vs Gehl 562: Which Is the Better Value?
The Caterpillar 299D3 averages $68,618 CAD at auction, compared to $9,276 for the Gehl 562. That's a $59,341 difference. Based on 137 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 $59,341 less than the 299D3.
Caterpillar 299D3
CTL$68,618 CAD avg
$644
Low
$189,054
High
129
Sales
Avg 2,599 hours · 2019–2024 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 299D3 and 562?
- Price: The 562 is $59,341 cheaper on average (86% savings).
- Track Type: 299D3 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 299D3 or 562? Check current listings with Deal Scores.
Which is the better value: 299D3 or 562?
Choose the Caterpillar 299D3 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 ($59,341 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
How do 299D3 and 562 prices compare by year?
| Year | Caterpillar 299D3 | Gehl 562 |
|---|---|---|
| 2024 | $92,749 (5) | — |
| 2023 | $115,692 (32) | — |
| 2022 | $52,146 (7) | — |
| 2021 | $46,612 (41) | — |
| 2020 | $55,579 (34) | — |
| 2019 | $64,846 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 299D3 and 562 prices compare by hours?
| Hours | Caterpillar 299D3 | Gehl 562 |
|---|---|---|
| 0-999 hrs | $112,751 (31) | — |
| 1,000-1,999 hrs | $141,540 (3) | $7,405 (2) |
| 2,000-2,999 hrs | $64,698 (21) | $4,890 (2) |
| 3,000-3,999 hrs | $52,582 (56) | $12,405 (4) |
| 4,000+ hrs | $44,899 (9) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 299D3 or 562 in Canada?
Caterpillar 299D3
2025 Caterpillar 299D3
1,011 hrs · Edmonton
$139,900 CAD
2024 Caterpillar 299D3
408 hrs · Edmonton
$141,300 CAD
2023 Caterpillar 299D3
460 hrs · Calgary
$124,681 CAD
2023 Caterpillar 299D3
1,680 hrs · Quebec
$86,481 CAD
Gehl 562
No active listings right now.
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