Caterpillar 246D vs Caterpillar 262D3: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $8,848 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $8,848 less than the 262D3.
Caterpillar 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →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 246D and 262D3?
- Price: The 246D is $8,848 cheaper on average (25% savings).
- Usage: Used 246Ds average 5,024 hours while 262D3s average 3,424 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or 262D3? Check current listings with Deal Scores.
Which is the better value: 246D or 262D3?
Choose the Caterpillar 246D if:
- You want lower upfront cost ($8,848 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 246D and 262D3 prices compare by year?
| Year | Caterpillar 246D | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | — | $33,538 (6) |
| 2019 | $26,817 (4) | — |
| 2018 | $25,143 (6) | — |
| 2017 | $29,262 (2) | — |
| 2016 | $18,027 (4) | — |
| 2015 | $24,088 (6) | — |
| 2014 | $25,777 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246D and 262D3 prices compare by hours?
| Hours | Caterpillar 246D | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | — | $22,080 (1) |
| 1,000-1,999 hrs | $28,287 (3) | — |
| 2,000-2,999 hrs | $29,667 (3) | $42,560 (6) |
| 3,000-3,999 hrs | $28,910 (6) | $30,387 (2) |
| 4,000+ hrs | $24,179 (18) | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246D or 262D3 in Canada?
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