Caterpillar 242B vs Morbark 700H: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $10,511 for the Morbark 700H. That's a $8,253 difference. Based on 28 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Morbark 700H is the better value buy for most Canadian buyers, averaging $8,253 less than the 242B.
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 →Morbark 700H
$10,511 CAD avg
$9,259
Low
$11,610
High
6
Sales
Avg 907 hours · 2017–2018 model years
Full price guide →What are the key differences between 242B and 700H?
- Price: The 700H is $8,253 cheaper on average (44% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while 700H is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242Bs average 3,523 hours while 700Hs average 907 hours.
Both Caterpillar and Morbark retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 700H? Check current listings with Deal Scores.
Which is the better value: 242B or 700H?
Choose the Caterpillar 242B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Morbark 700H if:
- You want lower upfront cost ($8,253 savings)
- You prefer Morbark's dealer network and parts availability
How do 242B and 700H prices compare by year?
| Year | Caterpillar 242B | Morbark 700H |
|---|---|---|
| 2018 | — | $11,194 (2) |
| 2017 | — | $10,169 (4) |
| 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 700H prices compare by hours?
| Hours | Caterpillar 242B | Morbark 700H |
|---|---|---|
| 0-999 hrs | — | $10,406 (4) |
| 1,000-1,999 hrs | $19,840 (4) | $10,721 (2) |
| 2,000-2,999 hrs | $24,793 (4) | — |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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