Caterpillar 226B vs Caterpillar 242D3: Which Is the Better Value?
The Caterpillar 226B averages $15,990 CAD at auction, compared to $46,506 for the Caterpillar 242D3. That's a $30,516 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 226B is the better value buy for most Canadian buyers, averaging $30,516 less than the 242D3.
Caterpillar 226B
SSL$15,990 CAD avg
$6,223
Low
$24,287
High
23
Sales
Avg 3,098 hours · 2004–2011 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 →What are the key differences between 226B and 242D3?
- Price: The 226B is $30,516 cheaper on average (66% savings).
- Usage: Used 226Bs average 3,098 hours while 242D3s average 1,362 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 226B or 242D3? Check current listings with Deal Scores.
Which is the better value: 226B or 242D3?
Choose the Caterpillar 226B if:
- You want lower upfront cost ($30,516 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 226B and 242D3 prices compare by year?
| Year | Caterpillar 226B | Caterpillar 242D3 |
|---|---|---|
| 2022 | — | $11,040 (1) |
| 2021 | — | $59,122 (4) |
| 2020 | — | $42,756 (4) |
| 2011 | $15,749 (4) | — |
| 2006 | $16,779 (4) | — |
| 2005 | $19,095 (3) | — |
| 2004 | $16,773 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226B and 242D3 prices compare by hours?
| Hours | Caterpillar 226B | Caterpillar 242D3 |
|---|---|---|
| 0-999 hrs | $16,289 (2) | $73,117 (2) |
| 1,000-1,999 hrs | $17,269 (2) | $52,417 (4) |
| 2,000-2,999 hrs | $20,972 (6) | $25,806 (2) |
| 3,000-3,999 hrs | $13,659 (4) | — |
| 4,000+ hrs | $15,041 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 226B or 242D3 in Canada?
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