Caterpillar 248B vs Caterpillar 262C: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $24,650 for the Caterpillar 262C. That's a $8,241 difference. Based on 74 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 248B is the better value buy for most Canadian buyers, averaging $8,241 less than the 262C.
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 →Caterpillar 262C
SSL$24,650 CAD avg
$8,652
Low
$42,504
High
58
Sales
Avg 5,083 hours · 2007–2013 model years
Full price guide →What are the key differences between 248B and 262C?
- Price: The 248B is $8,241 cheaper on average (33% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or 262C? Check current listings with Deal Scores.
Which is the better value: 248B or 262C?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($8,241 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C if:
- You prefer Caterpillar's dealer network and parts availability
How do 248B and 262C prices compare by year?
| Year | Caterpillar 248B | Caterpillar 262C |
|---|---|---|
| 2013 | — | $30,390 (12) |
| 2012 | — | $27,868 (12) |
| 2011 | — | $22,886 (8) |
| 2010 | — | $15,881 (4) |
| 2009 | — | $22,832 (6) |
| 2008 | — | $20,450 (10) |
| 2007 | $18,337 (2) | $28,880 (4) |
| 2006 | $13,251 (6) | — |
| 2005 | $17,812 (6) | — |
| 2004 | $19,747 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 248B and 262C prices compare by hours?
| Hours | Caterpillar 248B | Caterpillar 262C |
|---|---|---|
| 0-999 hrs | $22,270 (4) | — |
| 2,000-2,999 hrs | $18,337 (2) | $38,662 (4) |
| 3,000-3,999 hrs | $14,322 (4) | $29,756 (14) |
| 4,000+ hrs | $13,251 (6) | $22,126 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 248B or 262C in Canada?
Caterpillar 248B
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