Caterpillar 248B vs Caterpillar 306B: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $8,272 for the Caterpillar 306B. That's a $8,137 difference. Based on 22 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 $8,137 less than the 248B.
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 →What are the key differences between 248B and 306B?
- Price: The 306B is $8,137 cheaper on average (50% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or 306B? Check current listings with Deal Scores.
Which is the better value: 248B or 306B?
Choose the Caterpillar 248B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 306B if:
- You want lower upfront cost ($8,137 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 248B and 306B prices compare by year?
| Year | Caterpillar 248B | Caterpillar 306B |
|---|---|---|
| 2017 | — | $9,134 (2) |
| 2016 | — | $10,095 (2) |
| 2015 | — | $5,587 (2) |
| 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 306B prices compare by hours?
| Hours | Caterpillar 248B | Caterpillar 306B |
|---|---|---|
| 0-999 hrs | $22,270 (4) | — |
| 2,000-2,999 hrs | $18,337 (2) | — |
| 3,000-3,999 hrs | $14,322 (4) | — |
| 4,000+ hrs | $13,251 (6) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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