Caterpillar 118C vs Caterpillar 262D3: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $31,700 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 $31,700 less than the 262D3.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →What are the key differences between 118C and 262D3?
- Price: The 118C is $31,700 cheaper on average (91% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 262D3? Check current listings with Deal Scores.
Which is the better value: 118C or 262D3?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($31,700 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 262D3 prices compare by year?
| Year | Caterpillar 118C | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | $4,891 (2) | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | — | $33,538 (6) |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 262D3 prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | — | $22,080 (1) |
| 2,000-2,999 hrs | — | $42,560 (6) |
| 3,000-3,999 hrs | — | $30,387 (2) |
| 4,000+ hrs | — | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or 262D3 in Canada?
Caterpillar 118C
No active listings right now.
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