Caterpillar 242B vs Caterpillar 262C: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $24,650 for the Caterpillar 262C. That's a $5,886 difference. Based on 80 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 $5,886 less than the 262C.
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 262C
SSL$24,650 CAD avg
$8,652
Low
$42,504
High
58
Sales
Avg 5,083 hours · 2007–2013 model years
Full price guide →What are the key differences between 242B and 262C?
- Price: The 242B is $5,886 cheaper on average (24% savings).
- Usage: Used 242Bs average 3,523 hours while 262Cs average 5,083 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 262C? Check current listings with Deal Scores.
Which is the better value: 242B or 262C?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($5,886 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C if:
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 262C prices compare by year?
| Year | Caterpillar 242B | Caterpillar 262C |
|---|---|---|
| 2013 | $17,396 (2) | $30,390 (12) |
| 2012 | $19,401 (2) | $27,868 (12) |
| 2011 | — | $22,886 (8) |
| 2010 | — | $15,881 (4) |
| 2009 | — | $22,832 (6) |
| 2008 | $29,111 (2) | $20,450 (10) |
| 2007 | — | $28,880 (4) |
| 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 262C prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 262C |
|---|---|---|
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $38,662 (4) |
| 3,000-3,999 hrs | — | $29,756 (14) |
| 4,000+ hrs | $21,238 (8) | $22,126 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 262C in Canada?
Caterpillar 242B
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