Caterpillar 247B vs Caterpillar 262D: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $5,968 difference. Based on 101 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 $5,968 less than the 262D.
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 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →What are the key differences between 247B and 262D?
- Price: The 247B is $5,968 cheaper on average (22% savings).
- Track Type: 247B is a compact track loader (CTL) while 262D is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 247B or 262D? Check current listings with Deal Scores.
Which is the better value: 247B or 262D?
Choose the Caterpillar 247B if:
- You want lower upfront cost ($5,968 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 247B and 262D prices compare by year?
| Year | Caterpillar 247B | Caterpillar 262D |
|---|---|---|
| 2019 | — | $23,439 (4) |
| 2018 | — | $26,302 (14) |
| 2017 | — | $24,194 (16) |
| 2016 | — | $31,259 (12) |
| 2015 | — | $31,425 (17) |
| 2014 | — | $23,830 (22) |
| 2013 | — | $42,801 (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 262D prices compare by hours?
| Hours | Caterpillar 247B | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | — | $47,156 (4) |
| 1,000-1,999 hrs | — | $34,947 (14) |
| 2,000-2,999 hrs | $24,225 (4) | $29,670 (18) |
| 3,000-3,999 hrs | $28,444 (2) | $24,712 (11) |
| 4,000+ hrs | $14,890 (4) | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 247B or 262D in Canada?
Caterpillar 247B
No active listings right now.
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