Caterpillar 118C vs Caterpillar 246B: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $20,827 for the Caterpillar 246B. That's a $17,594 difference. Based on 50 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $17,594 less than the 246B.
Caterpillar 246B
SSL$20,827 CAD avg
$14,724
Low
$29,891
High
16
Sales
Avg 3,676 hours · 2004–2007 model years
Full price guide →What are the key differences between 118C and 246B?
- Price: The 118C is $17,594 cheaper on average (84% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 246B? Check current listings with Deal Scores.
Which is the better value: 118C or 246B?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($17,594 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 246B if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 246B prices compare by year?
| Year | Caterpillar 118C | Caterpillar 246B |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2007 | — | $20,147 (2) |
| 2005 | — | $19,591 (10) |
| 2004 | — | $24,258 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 246B prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 246B |
|---|---|---|
| 0-999 hrs | — | $28,987 (2) |
| 1,000-1,999 hrs | — | $26,128 (2) |
| 3,000-3,999 hrs | — | $17,992 (2) |
| 4,000+ hrs | — | $18,332 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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