Caterpillar 242B vs Caterpillar 262D3: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $16,168 difference. Based on 38 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 $16,168 less than the 262D3.
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 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →What are the key differences between 242B and 262D3?
- Price: The 242B is $16,168 cheaper on average (46% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 262D3? Check current listings with Deal Scores.
Which is the better value: 242B or 262D3?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($16,168 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 262D3 prices compare by year?
| Year | Caterpillar 242B | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | — | $33,538 (6) |
| 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 262D3 prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | — | $22,080 (1) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $42,560 (6) |
| 3,000-3,999 hrs | — | $30,387 (2) |
| 4,000+ hrs | $21,238 (8) | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 262D3 in Canada?
Caterpillar 242B
No active listings right now.
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