Caterpillar 247B vs Caterpillar 262C2: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $27,134 for the Caterpillar 262C2. That's a $5,799 difference. Based on 19 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 247B is the better value buy for most Canadian buyers, averaging $5,799 less than the 262C2.
Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →Caterpillar 262C2
SSL$27,134 CAD avg
$13,109
Low
$52,311
High
9
Sales
Avg 5,484 hours · 2012–2013 model years
Full price guide →What are the key differences between 247B and 262C2?
- Price: The 247B is $5,799 cheaper on average (21% savings).
- Track Type: 247B is a compact track loader (CTL) while 262C2 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 247Bs average 3,652 hours while 262C2s average 5,484 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 247B or 262C2? Check current listings with Deal Scores.
Which is the better value: 247B or 262C2?
Choose the Caterpillar 247B if:
- You want lower upfront cost ($5,799 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C2 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 247B and 262C2 prices compare by year?
| Year | Caterpillar 247B | Caterpillar 262C2 |
|---|---|---|
| 2013 | — | $19,553 (5) |
| 2012 | — | $36,611 (4) |
| 2007 | $24,222 (4) | — |
| 2006 | $20,675 (4) | — |
| 2005 | $16,881 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 247B and 262C2 prices compare by hours?
| Hours | Caterpillar 247B | Caterpillar 262C2 |
|---|---|---|
| 0-999 hrs | — | $51,202 (2) |
| 2,000-2,999 hrs | $24,225 (4) | — |
| 3,000-3,999 hrs | $28,444 (2) | — |
| 4,000+ hrs | $14,890 (4) | $19,384 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
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