Caterpillar 118C vs Caterpillar 242D: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $20,322 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $20,322 less than the 242D.
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 →What are the key differences between 118C and 242D?
- Price: The 118C is $20,322 cheaper on average (86% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 242D? Check current listings with Deal Scores.
Which is the better value: 118C or 242D?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($20,322 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 242D if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 242D prices compare by year?
| Year | Caterpillar 118C | Caterpillar 242D |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | $33,730 (2) |
| 2017 | $2,189 (2) | — |
| 2016 | — | $14,593 (2) |
| 2015 | — | $22,270 (4) |
| 2014 | $2,032 (6) | $24,234 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 242D prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 242D |
|---|---|---|
| 2,000-2,999 hrs | — | $26,090 (6) |
| 3,000-3,999 hrs | — | $24,234 (4) |
| 4,000+ hrs | — | $14,593 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or 242D in Canada?
Caterpillar 118C
No active listings right now.
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