Caterpillar 242B vs Caterpillar 262C2: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $27,134 for the Caterpillar 262C2. That's a $8,369 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 $8,369 less than the 262C2.
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 262C2
SSL$27,134 CAD avg
$13,109
Low
$52,311
High
9
Sales
Avg 5,484 hours · 2012–2013 model years
Full price guide →What are the key differences between 242B and 262C2?
- Price: The 242B is $8,369 cheaper on average (31% savings).
- Usage: Used 242Bs average 3,523 hours while 262C2s average 5,484 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 262C2? Check current listings with Deal Scores.
Which is the better value: 242B or 262C2?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($8,369 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C2 if:
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 262C2 prices compare by year?
| Year | Caterpillar 242B | Caterpillar 262C2 |
|---|---|---|
| 2013 | $17,396 (2) | $19,553 (5) |
| 2012 | $19,401 (2) | $36,611 (4) |
| 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 262C2 prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 262C2 |
|---|---|---|
| 0-999 hrs | — | $51,202 (2) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | — |
| 4,000+ hrs | $21,238 (8) | $19,384 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
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