Caterpillar 242B vs Caterpillar 257B: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $24,517 for the Caterpillar 257B. That's a $5,752 difference. Based on 66 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 $5,752 less than the 257B.
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 257B
CTL$24,517 CAD avg
$14,117
Low
$40,227
High
44
Sales
Avg 3,222 hours · 2004–2012 model years
Full price guide →What are the key differences between 242B and 257B?
- Price: The 242B is $5,752 cheaper on average (23% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while 257B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242Bs average 3,523 hours while 257Bs average 3,222 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 257B? Check current listings with Deal Scores.
Which is the better value: 242B or 257B?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($5,752 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 257B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 257B prices compare by year?
| Year | Caterpillar 242B | Caterpillar 257B |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | $29,982 (2) |
| 2010 | — | $24,913 (6) |
| 2008 | $29,111 (2) | — |
| 2007 | — | $26,812 (10) |
| 2006 | $27,942 (2) | $25,899 (6) |
| 2005 | $16,962 (10) | $22,967 (8) |
| 2004 | $13,874 (4) | $21,837 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and 257B prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 257B |
|---|---|---|
| 1,000-1,999 hrs | $19,840 (4) | $25,467 (10) |
| 2,000-2,999 hrs | $24,793 (4) | $23,790 (12) |
| 3,000-3,999 hrs | — | $19,668 (4) |
| 4,000+ hrs | $21,238 (8) | $26,123 (14) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 257B in Canada?
Caterpillar 242B
No active listings right now.
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