Caterpillar 118C vs Caterpillar 262D: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $24,071 difference. Based on 125 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 $24,071 less than the 262D.
Caterpillar 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →What are the key differences between 118C and 262D?
- Price: The 118C is $24,071 cheaper on average (88% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 262D? Check current listings with Deal Scores.
Which is the better value: 118C or 262D?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($24,071 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 262D prices compare by year?
| Year | Caterpillar 118C | Caterpillar 262D |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | $23,439 (4) |
| 2018 | $3,127 (2) | $26,302 (14) |
| 2017 | $2,189 (2) | $24,194 (16) |
| 2016 | — | $31,259 (12) |
| 2015 | — | $31,425 (17) |
| 2014 | $2,032 (6) | $23,830 (22) |
| 2013 | — | $42,801 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 262D prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | — | $47,156 (4) |
| 1,000-1,999 hrs | — | $34,947 (14) |
| 2,000-2,999 hrs | — | $29,670 (18) |
| 3,000-3,999 hrs | — | $24,712 (11) |
| 4,000+ hrs | — | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or 262D in Canada?
Caterpillar 118C
No active listings right now.
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 262D
We'll send you current pricing and available units. No spam.