Caterpillar 248B vs Caterpillar 262D: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $10,894 difference. Based on 107 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 $10,894 less than the 262D.
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 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 248B and 262D?
- Price: The 248B is $10,894 cheaper on average (40% savings).
- Usage: Used 248Bs average 4,803 hours while 262Ds average 3,845 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or 262D? Check current listings with Deal Scores.
Which is the better value: 248B or 262D?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($10,894 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D if:
- You prefer Caterpillar's dealer network and parts availability
How do 248B and 262D prices compare by year?
| Year | Caterpillar 248B | 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 | $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 262D prices compare by hours?
| Hours | Caterpillar 248B | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | $22,270 (4) | $47,156 (4) |
| 1,000-1,999 hrs | — | $34,947 (14) |
| 2,000-2,999 hrs | $18,337 (2) | $29,670 (18) |
| 3,000-3,999 hrs | $14,322 (4) | $24,712 (11) |
| 4,000+ hrs | $13,251 (6) | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 248B or 262D in Canada?
Caterpillar 248B
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