Caterpillar 118C vs Caterpillar 262B: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $18,443 for the Caterpillar 262B. That's a $15,210 difference. Based on 54 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 $15,210 less than the 262B.
Caterpillar 262B
SSL$18,443 CAD avg
$11,840
Low
$26,564
High
20
Sales
Avg 4,186 hours · 2004–2007 model years
Full price guide →What are the key differences between 118C and 262B?
- Price: The 118C is $15,210 cheaper on average (82% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 262B? Check current listings with Deal Scores.
Which is the better value: 118C or 262B?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($15,210 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262B if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 262B prices compare by year?
| Year | Caterpillar 118C | Caterpillar 262B |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2007 | — | $19,357 (2) |
| 2006 | — | $16,135 (10) |
| 2005 | — | $21,753 (6) |
| 2004 | — | $19,143 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 262B prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 262B |
|---|---|---|
| 0-999 hrs | — | $22,441 (2) |
| 2,000-2,999 hrs | — | $19,614 (2) |
| 3,000-3,999 hrs | — | $19,357 (2) |
| 4,000+ hrs | — | $16,410 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 118C
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 262B
We'll send you current pricing and available units. No spam.