Caterpillar 118C vs Caterpillar 262C2: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $27,134 for the Caterpillar 262C2. That's a $23,901 difference. Based on 43 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 $23,901 less than the 262C2.
Caterpillar 262C2
SSL$27,134 CAD avg
$13,109
Low
$52,311
High
9
Sales
Avg 5,484 hours · 2012–2013 model years
Full price guide →What are the key differences between 118C and 262C2?
- Price: The 118C is $23,901 cheaper on average (88% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 262C2? Check current listings with Deal Scores.
Which is the better value: 118C or 262C2?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($23,901 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C2 if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 262C2 prices compare by year?
| Year | Caterpillar 118C | Caterpillar 262C2 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2013 | — | $19,553 (5) |
| 2012 | — | $36,611 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 262C2 prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 262C2 |
|---|---|---|
| 0-999 hrs | — | $51,202 (2) |
| 4,000+ hrs | — | $19,384 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
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