Caterpillar 216B vs Caterpillar 248B: Which Is the Better Value?
The Caterpillar 216B averages $10,126 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $6,283 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 $6,283 less than the 248B.
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 248B
SSL$16,409 CAD avg
$7,286
Low
$28,841
High
16
Sales
Avg 4,803 hours · 2004–2007 model years
Full price guide →What are the key differences between 216B and 248B?
- Price: The 216B is $6,283 cheaper on average (38% savings).
- Usage: Used 216Bs average 2,042 hours while 248Bs average 4,803 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 216B or 248B? Check current listings with Deal Scores.
Which is the better value: 216B or 248B?
Choose the Caterpillar 216B if:
- You want lower upfront cost ($6,283 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 248B if:
- You prefer Caterpillar's dealer network and parts availability
How do 216B and 248B prices compare by year?
| Year | Caterpillar 216B | Caterpillar 248B |
|---|---|---|
| 2007 | $4,371 (2) | $18,337 (2) |
| 2006 | $17,772 (2) | $13,251 (6) |
| 2005 | $10,517 (6) | $17,812 (6) |
| 2004 | — | $19,747 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 216B and 248B prices compare by hours?
| Hours | Caterpillar 216B | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | $10,721 (4) | $22,270 (4) |
| 2,000-2,999 hrs | — | $18,337 (2) |
| 3,000-3,999 hrs | — | $14,322 (4) |
| 4,000+ hrs | $17,772 (2) | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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