Caterpillar 226D3 vs Caterpillar 242D: Which Is the Better Value?

| Based on 20 verified Canadian auction sales

The Caterpillar 226D3 averages $35,287 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $11,731 difference. Based on 20 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $11,731 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 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 226D3 and 242D?

  • Price: The 242D is $11,731 cheaper on average (33% savings).
  • Usage: Used 226D3s average 739 hours while 242Ds average 3,839 hours.

Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a 226D3 or 242D? Check current listings with Deal Scores.

Which is the better value: 226D3 or 242D?

Choose the Caterpillar 226D3 if:

  • You prefer Caterpillar's dealer network and parts availability

How do 226D3 and 242D prices compare by year?

Caterpillar 226D3 vs Caterpillar 242D prices by model year (CAD)
Year Caterpillar 226D3 Caterpillar 242D
2024 $45,999 (3)
2023 $37,260 (2)
2022 $27,599 (1)
2020 $21,088 (2)
2018 $33,730 (2)
2016 $14,593 (2)
2015 $22,270 (4)
2014 $24,234 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 226D3 and 242D prices compare by hours?

Caterpillar 226D3 vs Caterpillar 242D prices by hours (CAD)
Hours Caterpillar 226D3 Caterpillar 242D
0-999 hrs $40,019 (6)
1,000-1,999 hrs $21,088 (2)
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 226D3 or 242D in Canada?

Caterpillar 226D3

No active listings right now.

Caterpillar 242D

All Caterpillar 242D listings →

More Comparisons

Related Guides

Get Pricing

Get a Price Quote on Caterpillar 226D3

We'll send you current pricing and available units. No spam.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.

Get a Price Quote on Caterpillar 242D

We'll send you current pricing and available units. No spam.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.