Bobcat S740 vs Caterpillar 242D3: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $46,506 for the Caterpillar 242D3. Based on 25 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $773 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 242D3
SSL$46,506 CAD avg
$11,040
Low
$74,888
High
9
Sales
Avg 1,362 hours · 2020–2022 model years
Full price guide →How do S740 and 242D3 specs compare?
| Spec | Bobcat S740 | Caterpillar 242D3 |
|---|---|---|
| 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 242D3?
- Usage: Used S740s average 2,045 hours while 242D3s average 1,362 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S740 or 242D3? Check current listings with Deal Scores.
Which is the better value: S740 or 242D3?
Choose the Bobcat S740 if:
- You want lower upfront cost ($773 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do S740 and 242D3 prices compare by year?
| Year | Bobcat S740 | Caterpillar 242D3 |
|---|---|---|
| 2022 | — | $11,040 (1) |
| 2021 | $55,187 (2) | $59,122 (4) |
| 2020 | $46,079 (2) | $42,756 (4) |
| 2019 | $40,040 (6) | — |
| 2018 | $55,776 (2) | — |
| 2017 | $37,923 (2) | — |
| 2016 | $50,778 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and 242D3 prices compare by hours?
| Hours | Bobcat S740 | Caterpillar 242D3 |
|---|---|---|
| 0-999 hrs | $61,193 (2) | $73,117 (2) |
| 1,000-1,999 hrs | $51,955 (8) | $52,417 (4) |
| 2,000-2,999 hrs | $37,923 (2) | $25,806 (2) |
| 3,000-3,999 hrs | $33,204 (2) | — |
| 4,000+ hrs | $25,722 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or 242D3 in Canada?
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