Caterpillar 216B vs Caterpillar 262B: Which Is the Better Value?
The Caterpillar 216B averages $10,126 CAD at auction, compared to $18,443 for the Caterpillar 262B. That's a $8,317 difference. Based on 31 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 $8,317 less than the 262B.
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 262B
SSL$18,443 CAD avg
$11,840
Low
$26,564
High
20
Sales
Avg 4,186 hours · 2004–2007 model years
Full price guide →What are the key differences between 216B and 262B?
- Price: The 216B is $8,317 cheaper on average (45% savings).
- Usage: Used 216Bs average 2,042 hours while 262Bs average 4,186 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 216B or 262B? Check current listings with Deal Scores.
Which is the better value: 216B or 262B?
Choose the Caterpillar 216B if:
- You want lower upfront cost ($8,317 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262B if:
- You prefer Caterpillar's dealer network and parts availability
How do 216B and 262B prices compare by year?
| Year | Caterpillar 216B | Caterpillar 262B |
|---|---|---|
| 2007 | $4,371 (2) | $19,357 (2) |
| 2006 | $17,772 (2) | $16,135 (10) |
| 2005 | $10,517 (6) | $21,753 (6) |
| 2004 | — | $19,143 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 216B and 262B prices compare by hours?
| Hours | Caterpillar 216B | Caterpillar 262B |
|---|---|---|
| 0-999 hrs | $10,721 (4) | $22,441 (2) |
| 2,000-2,999 hrs | — | $19,614 (2) |
| 3,000-3,999 hrs | — | $19,357 (2) |
| 4,000+ hrs | $17,772 (2) | $16,410 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
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