Caterpillar 118C vs Caterpillar 247B: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $18,102 difference. Based on 44 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 $18,102 less than the 247B.
Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →What are the key differences between 118C and 247B?
- Price: The 118C is $18,102 cheaper on average (85% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while 247B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 247B? Check current listings with Deal Scores.
Which is the better value: 118C or 247B?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($18,102 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 247B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 247B prices compare by year?
| Year | Caterpillar 118C | Caterpillar 247B |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 247B prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 247B |
|---|---|---|
| 2,000-2,999 hrs | — | $24,225 (4) |
| 3,000-3,999 hrs | — | $28,444 (2) |
| 4,000+ hrs | — | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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