Bobcat S740 vs Caterpillar 242D: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $22,177 difference. Based on 28 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $22,177 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 242D
SSL$23,555 CAD avg
$10,018
Low
$34,666
High
12
Sales
Avg 3,839 hours · 2014–2018 model years
Full price guide →How do S740 and 242D specs compare?
| Spec | Bobcat S740 | Caterpillar 242D |
|---|---|---|
| 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 242D?
- Price: The 242D is $22,177 cheaper on average (48% savings).
- Usage: Used S740s average 2,045 hours while 242Ds average 3,839 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S740 or 242D? Check current listings with Deal Scores.
Which is the better value: S740 or 242D?
Choose the Bobcat S740 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242D if:
- You want lower upfront cost ($22,177 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S740 and 242D prices compare by year?
| Year | Bobcat S740 | Caterpillar 242D |
|---|---|---|
| 2021 | $55,187 (2) | — |
| 2020 | $46,079 (2) | — |
| 2019 | $40,040 (6) | — |
| 2018 | $55,776 (2) | $33,730 (2) |
| 2017 | $37,923 (2) | — |
| 2016 | $50,778 (2) | $14,593 (2) |
| 2015 | — | $22,270 (4) |
| 2014 | — | $24,234 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and 242D prices compare by hours?
| Hours | Bobcat S740 | Caterpillar 242D |
|---|---|---|
| 0-999 hrs | $61,193 (2) | — |
| 1,000-1,999 hrs | $51,955 (8) | — |
| 2,000-2,999 hrs | $37,923 (2) | $26,090 (6) |
| 3,000-3,999 hrs | $33,204 (2) | $24,234 (4) |
| 4,000+ hrs | $25,722 (2) | $14,593 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or 242D in Canada?
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