Caterpillar 262D3 vs Volvo 115C: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $20,503 for the Volvo 115C. That's a $14,429 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Volvo 115C is the better value buy for most Canadian buyers, averaging $14,429 less than the 262D3.
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 →Volvo 115C
SSL$20,503 CAD avg
$8,500
Low
$29,973
High
8
Sales
Avg 2,112 hours · 2011–2014 model years
Full price guide →What are the key differences between 262D3 and 115C?
- Price: The 115C is $14,429 cheaper on average (41% savings).
- Usage: Used 262D3s average 3,424 hours while 115Cs average 2,112 hours.
Both Caterpillar and Volvo retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 115C? Check current listings with Deal Scores.
Which is the better value: 262D3 or 115C?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Volvo 115C if:
- You want lower upfront cost ($14,429 savings)
- You prefer Volvo's dealer network and parts availability
How do 262D3 and 115C prices compare by year?
| Year | Caterpillar 262D3 | Volvo 115C |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2014 | — | $24,494 (6) |
| 2011 | — | $8,530 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 115C prices compare by hours?
| Hours | Caterpillar 262D3 | Volvo 115C |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 1,000-1,999 hrs | — | $27,296 (2) |
| 2,000-2,999 hrs | $42,560 (6) | $23,094 (4) |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 115C in Canada?
Caterpillar 262D3
2020 Caterpillar 262D3
1,243 hrs · Lacombe
$69,998 CAD
2023 Caterpillar 262D3
384 hrs · Castlegar
$74,998 CAD
2021 Caterpillar 262D3
72 hrs · Brandon
$53,750 CAD
2023 Caterpillar 262D3
494 hrs · Prince George
$82,500 CAD
Volvo 115C
No active listings right now.
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