Bobcat T300 vs Caterpillar 242B3: Which Is the Better Value?
The Bobcat T300 averages $27,829 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $1,500 difference. Based on 74 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,500 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat T300
SSL$27,829 CAD avg
$8,500
Low
$77,418
High
66
Sales
Avg 3,891 hours · 2003–2010 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 T300 and 242B3?
- Price: The 242B3 is $1,500 cheaper on average (5% savings).
- Usage: Used T300s average 3,891 hours while 242B3s average 1,852 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T300 or 242B3? Check current listings with Deal Scores.
Which is the better value: T300 or 242B3?
Choose the Bobcat T300 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($1,500 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T300 and 242B3 prices compare by year?
| Year | Bobcat T300 | Caterpillar 242B3 |
|---|---|---|
| 2013 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
| 2010 | $76,892 (2) | — |
| 2009 | $27,058 (2) | — |
| 2008 | $22,590 (6) | — |
| 2007 | $28,413 (12) | — |
| 2006 | $31,014 (10) | — |
| 2005 | $26,903 (14) | — |
| 2004 | $21,830 (8) | — |
| 2003 | $21,694 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T300 and 242B3 prices compare by hours?
| Hours | Bobcat T300 | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | — | $26,032 (2) |
| 1,000-1,999 hrs | $76,892 (2) | $25,297 (4) |
| 2,000-2,999 hrs | $35,111 (18) | — |
| 3,000-3,999 hrs | $24,988 (12) | — |
| 4,000+ hrs | $22,386 (30) | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T300 or 242B3 in Canada?
Bobcat T300
2007 Bobcat T300
3,506 hrs · Fort Macleod
$46,000 CAD
2007 Bobcat T300
24 hrs · Fort Macleod
$46,000 CAD
Caterpillar 242B3
No active listings right now.
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