Caterpillar 246B vs Caterpillar 248B: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $4,418 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,418 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 →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 246B and 248B?
- Price: The 248B is $4,418 cheaper on average (21% savings).
- Usage: Used 246Bs average 3,676 hours while 248Bs average 4,803 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 246B or 248B? Check current listings with Deal Scores.
Which is the better value: 246B or 248B?
Choose the Caterpillar 246B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 248B if:
- You want lower upfront cost ($4,418 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 246B and 248B prices compare by year?
| Year | Caterpillar 246B | Caterpillar 248B |
|---|---|---|
| 2007 | $20,147 (2) | $18,337 (2) |
| 2006 | — | $13,251 (6) |
| 2005 | $19,591 (10) | $17,812 (6) |
| 2004 | $24,258 (4) | $19,747 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246B and 248B prices compare by hours?
| Hours | Caterpillar 246B | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | $28,987 (2) | $22,270 (4) |
| 1,000-1,999 hrs | $26,128 (2) | — |
| 2,000-2,999 hrs | — | $18,337 (2) |
| 3,000-3,999 hrs | $17,992 (2) | $14,322 (4) |
| 4,000+ hrs | $18,332 (6) | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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