Caterpillar 242B vs Caterpillar 242D: Which Is the Better Value?

| Based on 34 verified Canadian auction sales

The Caterpillar 242B averages $18,764 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $4,790 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $4,790 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

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 →

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 242B and 242D?

  • Price: The 242B is $4,790 cheaper on average (20% savings).
  • Usage: Used 242Bs average 3,523 hours while 242Ds average 3,839 hours.

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

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

Which is the better value: 242B or 242D?

Choose the Caterpillar 242D if:

  • You prefer Caterpillar's dealer network and parts availability

How do 242B and 242D prices compare by year?

Caterpillar 242B vs Caterpillar 242D prices by model year (CAD)
Year Caterpillar 242B Caterpillar 242D
2018 $33,730 (2)
2016 $14,593 (2)
2015 $22,270 (4)
2014 $24,234 (4)
2013 $17,396 (2)
2012 $19,401 (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 242B and 242D prices compare by hours?

Caterpillar 242B vs Caterpillar 242D prices by hours (CAD)
Hours Caterpillar 242B Caterpillar 242D
1,000-1,999 hrs $19,840 (4)
2,000-2,999 hrs $24,793 (4) $26,090 (6)
3,000-3,999 hrs $24,234 (4)
4,000+ hrs $21,238 (8) $14,593 (2)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 242B or 242D in Canada?

Caterpillar 242B

No active listings right now.

Caterpillar 242D

All Caterpillar 242D listings →

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