Bobcat S740 vs Caterpillar 242B: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $26,968 difference. Based on 38 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $26,968 less than the S740.
Bobcat S740
SSL$45,733 CAD avg
$25,046
Low
$61,667
High
16
Sales
Avg 2,045 hours · 2016–2021 model years
Full price guide →Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →How do S740 and 242B specs compare?
| Spec | Bobcat S740 | Caterpillar 242B |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,400 lbs | — |
| Operating Weight | 7,940 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between S740 and 242B?
- Price: The 242B is $26,968 cheaper on average (59% savings).
- Usage: Used S740s average 2,045 hours while 242Bs average 3,523 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S740 or 242B? Check current listings with Deal Scores.
Which is the better value: S740 or 242B?
Choose the Bobcat S740 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B if:
- You want lower upfront cost ($26,968 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S740 and 242B prices compare by year?
| Year | Bobcat S740 | Caterpillar 242B |
|---|---|---|
| 2021 | $55,187 (2) | — |
| 2020 | $46,079 (2) | — |
| 2019 | $40,040 (6) | — |
| 2018 | $55,776 (2) | — |
| 2017 | $37,923 (2) | — |
| 2016 | $50,778 (2) | — |
| 2013 | — | $17,396 (2) |
| 2012 | — | $19,401 (2) |
| 2008 | — | $29,111 (2) |
| 2006 | — | $27,942 (2) |
| 2005 | — | $16,962 (10) |
| 2004 | — | $13,874 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and 242B prices compare by hours?
| Hours | Bobcat S740 | Caterpillar 242B |
|---|---|---|
| 0-999 hrs | $61,193 (2) | — |
| 1,000-1,999 hrs | $51,955 (8) | $19,840 (4) |
| 2,000-2,999 hrs | $37,923 (2) | $24,793 (4) |
| 3,000-3,999 hrs | $33,204 (2) | — |
| 4,000+ hrs | $25,722 (2) | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or 242B in Canada?
Bobcat S740
2022 Bobcat S740
3,199 hrs · Maxwell
$44,900 CAD
2022 Bobcat S740
N/A hrs · Owen Sound
$44,900 CAD
None Bobcat S740
1,774 hrs · Dungannon
$48,000 CAD
2018 Bobcat S740
3,254 hrs · Stoney Creek
$41,000 CAD
Caterpillar 242B
No active listings right now.
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