Caterpillar 226B3 vs Caterpillar 242B: Which Is the Better Value?
The Caterpillar 226B3 averages $16,707 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $2,057 difference. Based on 41 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,057 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 226B3
SSL$16,707 CAD avg
$10,018
Low
$38,709
High
19
Sales
Avg 4,434 hours · 2011–2015 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 226B3 and 242B?
- Price: The 226B3 is $2,057 cheaper on average (11% savings).
- Usage: Used 226B3s average 4,434 hours while 242Bs average 3,523 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 226B3 or 242B? Check current listings with Deal Scores.
Which is the better value: 226B3 or 242B?
Choose the Caterpillar 226B3 if:
- You want lower upfront cost ($2,057 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 242B if:
- You prefer Caterpillar's dealer network and parts availability
How do 226B3 and 242B prices compare by year?
| Year | Caterpillar 226B3 | Caterpillar 242B |
|---|---|---|
| 2015 | $13,736 (3) | — |
| 2014 | $26,522 (6) | — |
| 2013 | — | $17,396 (2) |
| 2012 | $11,578 (8) | $19,401 (2) |
| 2011 | $12,230 (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 226B3 and 242B prices compare by hours?
| Hours | Caterpillar 226B3 | Caterpillar 242B |
|---|---|---|
| 0-999 hrs | $38,468 (2) | — |
| 1,000-1,999 hrs | — | $19,840 (4) |
| 2,000-2,999 hrs | — | $24,793 (4) |
| 3,000-3,999 hrs | $14,084 (9) | — |
| 4,000+ hrs | $14,576 (6) | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 226B3 or 242B in Canada?
Caterpillar 226B3
All Caterpillar 226B3 listings →Caterpillar 242B
No active listings right now.
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