Caterpillar 226D3 vs Caterpillar 242B3: Which Is the Better Value?
The Caterpillar 226D3 averages $35,287 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $8,957 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B3 is the better value buy for most Canadian buyers, averaging $8,957 less than the 226D3.
Caterpillar 226D3
SSL$35,287 CAD avg
$20,493
Low
$55,199
High
8
Sales
Avg 739 hours · 2020–2024 model years
Full price guide →Caterpillar 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 model years
Full price guide →What are the key differences between 226D3 and 242B3?
- Price: The 242B3 is $8,957 cheaper on average (25% savings).
- Usage: Used 226D3s average 739 hours while 242B3s average 1,852 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 226D3 or 242B3? Check current listings with Deal Scores.
Which is the better value: 226D3 or 242B3?
Choose the Caterpillar 226D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($8,957 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 226D3 and 242B3 prices compare by year?
| Year | Caterpillar 226D3 | Caterpillar 242B3 |
|---|---|---|
| 2024 | $45,999 (3) | — |
| 2023 | $37,260 (2) | — |
| 2022 | $27,599 (1) | — |
| 2020 | $21,088 (2) | — |
| 2013 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226D3 and 242B3 prices compare by hours?
| Hours | Caterpillar 226D3 | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | $40,019 (6) | $26,032 (2) |
| 1,000-1,999 hrs | $21,088 (2) | $25,297 (4) |
| 4,000+ hrs | — | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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