Caterpillar 118C vs Caterpillar 248B: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $13,176 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 $13,176 less than the 248B.
Caterpillar 248B
SSL$16,409 CAD avg
$7,286
Low
$28,841
High
16
Sales
Avg 4,803 hours · 2004–2007 model years
Full price guide →What are the key differences between 118C and 248B?
- Price: The 118C is $13,176 cheaper on average (80% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 248B? Check current listings with Deal Scores.
Which is the better value: 118C or 248B?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($13,176 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 248B if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 248B prices compare by year?
| Year | Caterpillar 118C | Caterpillar 248B |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2007 | — | $18,337 (2) |
| 2006 | — | $13,251 (6) |
| 2005 | — | $17,812 (6) |
| 2004 | — | $19,747 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 248B prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | — | $22,270 (4) |
| 2,000-2,999 hrs | — | $18,337 (2) |
| 3,000-3,999 hrs | — | $14,322 (4) |
| 4,000+ hrs | — | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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