Caterpillar 248B vs Caterpillar 262C2: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $27,134 for the Caterpillar 262C2. That's a $10,724 difference. Based on 25 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 $10,724 less than the 262C2.
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 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 248B and 262C2?
- Price: The 248B is $10,724 cheaper on average (40% savings).
- Usage: Used 248Bs average 4,803 hours while 262C2s average 5,484 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or 262C2? Check current listings with Deal Scores.
Which is the better value: 248B or 262C2?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($10,724 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C2 if:
- You prefer Caterpillar's dealer network and parts availability
How do 248B and 262C2 prices compare by year?
| Year | Caterpillar 248B | Caterpillar 262C2 |
|---|---|---|
| 2013 | — | $19,553 (5) |
| 2012 | — | $36,611 (4) |
| 2007 | $18,337 (2) | — |
| 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 262C2 prices compare by hours?
| Hours | Caterpillar 248B | Caterpillar 262C2 |
|---|---|---|
| 0-999 hrs | $22,270 (4) | $51,202 (2) |
| 2,000-2,999 hrs | $18,337 (2) | — |
| 3,000-3,999 hrs | $14,322 (4) | — |
| 4,000+ hrs | $13,251 (6) | $19,384 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
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