Caterpillar 242B vs Caterpillar 242D3: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $46,506 for the Caterpillar 242D3. That's a $27,741 difference. Based on 31 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $27,741 less than the 242D3.
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 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 242B and 242D3?
- Price: The 242B is $27,741 cheaper on average (60% savings).
- Usage: Used 242Bs average 3,523 hours while 242D3s average 1,362 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 242D3? Check current listings with Deal Scores.
Which is the better value: 242B or 242D3?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($27,741 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 242B and 242D3 prices compare by year?
| Year | Caterpillar 242B | Caterpillar 242D3 |
|---|---|---|
| 2022 | — | $11,040 (1) |
| 2021 | — | $59,122 (4) |
| 2020 | — | $42,756 (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 242D3 prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 242D3 |
|---|---|---|
| 0-999 hrs | — | $73,117 (2) |
| 1,000-1,999 hrs | $19,840 (4) | $52,417 (4) |
| 2,000-2,999 hrs | $24,793 (4) | $25,806 (2) |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 242D3 in Canada?
Caterpillar 242B
No active listings right now.
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