Caterpillar 242B vs Caterpillar 287B: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $27,750 for the Caterpillar 287B. That's a $8,985 difference. Based on 56 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 $8,985 less than the 287B.
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 287B
CTL$27,750 CAD avg
$13,358
Low
$51,476
High
34
Sales
Avg 3,014 hours · 2004–2007 model years
Full price guide →What are the key differences between 242B and 287B?
- Price: The 242B is $8,985 cheaper on average (32% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while 287B 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 287Bs average 3,014 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 287B? Check current listings with Deal Scores.
Which is the better value: 242B or 287B?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($8,985 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 287B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 287B prices compare by year?
| Year | Caterpillar 242B | Caterpillar 287B |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | — |
| 2007 | — | $19,348 (8) |
| 2006 | $27,942 (2) | $33,743 (12) |
| 2005 | $16,962 (10) | $25,557 (12) |
| 2004 | $13,874 (4) | $38,560 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and 287B prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 287B |
|---|---|---|
| 0-999 hrs | — | $37,198 (6) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $34,364 (6) |
| 3,000-3,999 hrs | — | $32,614 (6) |
| 4,000+ hrs | $21,238 (8) | $19,728 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
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