Bobcat S740 vs Caterpillar 242B3: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $19,403 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B3 is the better value buy for most Canadian buyers, averaging $19,403 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 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 →How do S740 and 242B3 specs compare?
| Spec | Bobcat S740 | Caterpillar 242B3 |
|---|---|---|
| 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 242B3?
- Price: The 242B3 is $19,403 cheaper on average (42% savings).
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S740 or 242B3? Check current listings with Deal Scores.
Which is the better value: S740 or 242B3?
Choose the Bobcat S740 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($19,403 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S740 and 242B3 prices compare by year?
| Year | Bobcat S740 | Caterpillar 242B3 |
|---|---|---|
| 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 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and 242B3 prices compare by hours?
| Hours | Bobcat S740 | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | $61,193 (2) | $26,032 (2) |
| 1,000-1,999 hrs | $51,955 (8) | $25,297 (4) |
| 2,000-2,999 hrs | $37,923 (2) | — |
| 3,000-3,999 hrs | $33,204 (2) | — |
| 4,000+ hrs | $25,722 (2) | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or 242B3 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 242B3
No active listings right now.
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