Caterpillar 118C vs Caterpillar 262C: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $24,650 for the Caterpillar 262C. That's a $21,417 difference. Based on 92 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 $21,417 less than the 262C.
Caterpillar 262C
SSL$24,650 CAD avg
$8,652
Low
$42,504
High
58
Sales
Avg 5,083 hours · 2007–2013 model years
Full price guide →What are the key differences between 118C and 262C?
- Price: The 118C is $21,417 cheaper on average (87% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 262C? Check current listings with Deal Scores.
Which is the better value: 118C or 262C?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($21,417 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 262C prices compare by year?
| Year | Caterpillar 118C | Caterpillar 262C |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2013 | — | $30,390 (12) |
| 2012 | — | $27,868 (12) |
| 2011 | — | $22,886 (8) |
| 2010 | — | $15,881 (4) |
| 2009 | — | $22,832 (6) |
| 2008 | — | $20,450 (10) |
| 2007 | — | $28,880 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 262C prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 262C |
|---|---|---|
| 2,000-2,999 hrs | — | $38,662 (4) |
| 3,000-3,999 hrs | — | $29,756 (14) |
| 4,000+ hrs | — | $22,126 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or 262C in Canada?
Caterpillar 118C
No active listings right now.
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