Caterpillar 242B vs Caterpillar 289D3: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $71,262 for the Caterpillar 289D3. That's a $52,497 difference. Based on 70 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 $52,497 less than the 289D3.
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 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 model years
Full price guide →What are the key differences between 242B and 289D3?
- Price: The 242B is $52,497 cheaper on average (74% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while 289D3 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 289D3s average 1,828 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 289D3? Check current listings with Deal Scores.
Which is the better value: 242B or 289D3?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($52,497 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 289D3 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242B and 289D3 prices compare by year?
| Year | Caterpillar 242B | Caterpillar 289D3 |
|---|---|---|
| 2023 | — | $97,053 (22) |
| 2022 | — | $70,206 (6) |
| 2021 | — | $35,654 (6) |
| 2020 | — | $43,561 (8) |
| 2019 | — | $50,295 (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 289D3 prices compare by hours?
| Hours | Caterpillar 242B | Caterpillar 289D3 |
|---|---|---|
| 0-999 hrs | — | $97,397 (24) |
| 1,000-1,999 hrs | $19,840 (4) | $63,219 (4) |
| 2,000-2,999 hrs | $24,793 (4) | $44,780 (7) |
| 3,000-3,999 hrs | — | $41,957 (10) |
| 4,000+ hrs | $21,238 (8) | $32,384 (3) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 289D3 in Canada?
Caterpillar 242B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242B
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 289D3
We'll send you current pricing and available units. No spam.