Caterpillar 247B vs Caterpillar 306B: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $8,272 for the Caterpillar 306B. That's a $13,062 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 306B is the better value buy for most Canadian buyers, averaging $13,062 less than the 247B.
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 →What are the key differences between 247B and 306B?
- Price: The 306B is $13,062 cheaper on average (61% savings).
- Track Type: 247B is a compact track loader (CTL) while 306B 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 306B? Check current listings with Deal Scores.
Which is the better value: 247B or 306B?
Choose the Caterpillar 247B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 306B if:
- You want lower upfront cost ($13,062 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 247B and 306B prices compare by year?
| Year | Caterpillar 247B | Caterpillar 306B |
|---|---|---|
| 2017 | — | $9,134 (2) |
| 2016 | — | $10,095 (2) |
| 2015 | — | $5,587 (2) |
| 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 306B prices compare by hours?
| Hours | Caterpillar 247B | Caterpillar 306B |
|---|---|---|
| 2,000-2,999 hrs | $24,225 (4) | — |
| 3,000-3,999 hrs | $28,444 (2) | — |
| 4,000+ hrs | $14,890 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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