Caterpillar 242B vs Mustang TL25: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $9,057 difference. Based on 28 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 $9,057 less than the TL25.
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 →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →What are the key differences between 242B and TL25?
- Price: The 242B is $9,057 cheaper on average (33% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while TL25 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 TL25s average 2,704 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or TL25? Check current listings with Deal Scores.
Which is the better value: 242B or TL25?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($9,057 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL25 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do 242B and TL25 prices compare by year?
| Year | Caterpillar 242B | Mustang TL25 |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | — |
| 2006 | $27,942 (2) | — |
| 2005 | $16,962 (10) | $21,921 (2) |
| 2004 | $13,874 (4) | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and TL25 prices compare by hours?
| Hours | Caterpillar 242B | Mustang TL25 |
|---|---|---|
| 0-999 hrs | — | $21,921 (2) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $24,569 (2) |
| 4,000+ hrs | $21,238 (8) | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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