Caterpillar 242B vs Caterpillar 262D: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $8,539 difference. Based on 113 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 $8,539 less than the 262D.
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 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →What are the key differences between 242B and 262D?
- Price: The 242B is $8,539 cheaper on average (31% savings).
- Usage: Used 242Bs average 3,523 hours while 262Ds average 3,845 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 262D? Check current listings with Deal Scores.
Which is the better value: 242B or 262D?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($8,539 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D if:
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 262D prices compare by year?
| Year | Caterpillar 242B | Caterpillar 262D |
|---|---|---|
| 2019 | — | $23,439 (4) |
| 2018 | — | $26,302 (14) |
| 2017 | — | $24,194 (16) |
| 2016 | — | $31,259 (12) |
| 2015 | — | $31,425 (17) |
| 2014 | — | $23,830 (22) |
| 2013 | $17,396 (2) | $42,801 (4) |
| 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 262D prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | — | $47,156 (4) |
| 1,000-1,999 hrs | $19,840 (4) | $34,947 (14) |
| 2,000-2,999 hrs | $24,793 (4) | $29,670 (18) |
| 3,000-3,999 hrs | — | $24,712 (11) |
| 4,000+ hrs | $21,238 (8) | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 262D in Canada?
Caterpillar 242B
No active listings right now.
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