Caterpillar 248B vs Caterpillar 262D3: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $18,523 difference. Based on 32 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 $18,523 less than the 262D3.
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 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →What are the key differences between 248B and 262D3?
- Price: The 248B is $18,523 cheaper on average (53% savings).
- Usage: Used 248Bs average 4,803 hours while 262D3s average 3,424 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or 262D3? Check current listings with Deal Scores.
Which is the better value: 248B or 262D3?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($18,523 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do 248B and 262D3 prices compare by year?
| Year | Caterpillar 248B | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | — | $33,538 (6) |
| 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 262D3 prices compare by hours?
| Hours | Caterpillar 248B | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $22,270 (4) | $22,080 (1) |
| 2,000-2,999 hrs | $18,337 (2) | $42,560 (6) |
| 3,000-3,999 hrs | $14,322 (4) | $30,387 (2) |
| 4,000+ hrs | $13,251 (6) | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 248B or 262D3 in Canada?
Caterpillar 248B
No active listings right now.
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