Bobcat 742B vs Caterpillar 242B3: Which Is the Better Value?
The Bobcat 742B averages $8,579 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $17,750 difference. Based on 20 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat 742B is the better value buy for most Canadian buyers, averaging $17,750 less than the 242B3.
Bobcat 742B
SSL$8,579 CAD avg
$2,732
Low
$12,757
High
12
Sales
Avg 2,350 hours · 1993–1995 model years
Full price guide →Caterpillar 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 model years
Full price guide →What are the key differences between 742B and 242B3?
- Price: The 742B is $17,750 cheaper on average (67% savings).
- Usage: Used 742Bs average 2,350 hours while 242B3s average 1,852 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 742B or 242B3? Check current listings with Deal Scores.
Which is the better value: 742B or 242B3?
Choose the Bobcat 742B if:
- You want lower upfront cost ($17,750 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B3 if:
- You prefer Caterpillar's dealer network and parts availability
How do 742B and 242B3 prices compare by year?
| Year | Bobcat 742B | Caterpillar 242B3 |
|---|---|---|
| 2013 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
| 1995 | $11,164 (2) | — |
| 1994 | $7,353 (2) | — |
| 1993 | $8,239 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 742B and 242B3 prices compare by hours?
| Hours | Bobcat 742B | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | — | $26,032 (2) |
| 1,000-1,999 hrs | $10,280 (6) | $25,297 (4) |
| 2,000-2,999 hrs | $5,082 (4) | — |
| 4,000+ hrs | $10,469 (2) | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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