Case TR340 vs Caterpillar 242B: Which Is the Better Value?
The Case TR340 averages $37,939 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $19,175 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 $19,175 less than the TR340.
Case TR340
SSL$37,939 CAD avg
$19,734
Low
$57,363
High
16
Sales
Avg 1,829 hours · 2015–2019 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 →What are the key differences between TR340 and 242B?
- Price: The 242B is $19,175 cheaper on average (51% savings).
- Usage: Used TR340s average 1,829 hours while 242Bs average 3,523 hours.
Both Case and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a TR340 or 242B? Check current listings with Deal Scores.
Which is the better value: TR340 or 242B?
Choose the Case TR340 if:
- You prefer Case's dealer network and parts availability
Choose the Caterpillar 242B if:
- You want lower upfront cost ($19,175 savings)
- You prefer Caterpillar's dealer network and parts availability
How do TR340 and 242B prices compare by year?
| Year | Case TR340 | Caterpillar 242B |
|---|---|---|
| 2019 | $43,227 (4) | — |
| 2017 | $30,566 (2) | — |
| 2016 | $28,604 (4) | — |
| 2015 | $43,096 (6) | — |
| 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 TR340 and 242B prices compare by hours?
| Hours | Case TR340 | Caterpillar 242B |
|---|---|---|
| 0-999 hrs | $56,385 (2) | — |
| 1,000-1,999 hrs | $37,338 (8) | $19,840 (4) |
| 2,000-2,999 hrs | $46,090 (2) | $24,793 (4) |
| 3,000-3,999 hrs | $21,124 (2) | — |
| 4,000+ hrs | — | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
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