Caterpillar 118C vs Caterpillar 242D3: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $46,506 for the Caterpillar 242D3. That's a $43,273 difference. Based on 43 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 $43,273 less than the 242D3.
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 →What are the key differences between 118C and 242D3?
- Price: The 118C is $43,273 cheaper on average (93% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or 242D3? Check current listings with Deal Scores.
Which is the better value: 118C or 242D3?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($43,273 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do 118C and 242D3 prices compare by year?
| Year | Caterpillar 118C | Caterpillar 242D3 |
|---|---|---|
| 2022 | $4,891 (2) | $11,040 (1) |
| 2021 | — | $59,122 (4) |
| 2020 | — | $42,756 (4) |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and 242D3 prices compare by hours?
| Hours | Caterpillar 118C | Caterpillar 242D3 |
|---|---|---|
| 0-999 hrs | — | $73,117 (2) |
| 1,000-1,999 hrs | — | $52,417 (4) |
| 2,000-2,999 hrs | — | $25,806 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or 242D3 in Canada?
Caterpillar 118C
No active listings right now.
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