Caterpillar 216B vs Caterpillar 246B: Which Is the Better Value?
The Caterpillar 216B averages $10,126 CAD at auction, compared to $20,827 for the Caterpillar 246B. That's a $10,701 difference. Based on 27 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 216B is the better value buy for most Canadian buyers, averaging $10,701 less than the 246B.
Caterpillar 216B
SSL$10,126 CAD avg
$4,001
Low
$18,088
High
11
Sales
Avg 2,042 hours · 2005–2007 model years
Full price guide →Caterpillar 246B
SSL$20,827 CAD avg
$14,724
Low
$29,891
High
16
Sales
Avg 3,676 hours · 2004–2007 model years
Full price guide →What are the key differences between 216B and 246B?
- Price: The 216B is $10,701 cheaper on average (51% savings).
- Usage: Used 216Bs average 2,042 hours while 246Bs average 3,676 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 216B or 246B? Check current listings with Deal Scores.
Which is the better value: 216B or 246B?
Choose the Caterpillar 216B if:
- You want lower upfront cost ($10,701 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 246B if:
- You prefer Caterpillar's dealer network and parts availability
How do 216B and 246B prices compare by year?
| Year | Caterpillar 216B | Caterpillar 246B |
|---|---|---|
| 2007 | $4,371 (2) | $20,147 (2) |
| 2006 | $17,772 (2) | — |
| 2005 | $10,517 (6) | $19,591 (10) |
| 2004 | — | $24,258 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 216B and 246B prices compare by hours?
| Hours | Caterpillar 216B | Caterpillar 246B |
|---|---|---|
| 0-999 hrs | $10,721 (4) | $28,987 (2) |
| 1,000-1,999 hrs | — | $26,128 (2) |
| 3,000-3,999 hrs | — | $17,992 (2) |
| 4,000+ hrs | $17,772 (2) | $18,332 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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