Caterpillar 242B vs New Holland C227: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $31,504 for the New Holland C227. That's a $12,739 difference. Based on 32 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 $12,739 less than the C227.
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 →New Holland C227
CTL$31,504 CAD avg
$19,734
Low
$37,328
High
10
Sales
Avg 1,549 hours · 2011–2018 model years
Full price guide →How do 242B and C227 specs compare?
| Spec | Caterpillar 242B | New Holland C227 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,100 lbs |
| Operating Weight | — | 9,185 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 242B and C227?
- Price: The 242B is $12,739 cheaper on average (40% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while C227 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 C227s average 1,549 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or C227? Check current listings with Deal Scores.
Which is the better value: 242B or C227?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($12,739 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C227 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242B and C227 prices compare by year?
| Year | Caterpillar 242B | New Holland C227 |
|---|---|---|
| 2018 | — | $35,246 (2) |
| 2014 | — | $34,728 (2) |
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | $35,741 (2) |
| 2011 | — | $25,902 (4) |
| 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 C227 prices compare by hours?
| Hours | Caterpillar 242B | New Holland C227 |
|---|---|---|
| 0-999 hrs | — | $34,728 (2) |
| 1,000-1,999 hrs | $19,840 (4) | $33,340 (4) |
| 2,000-2,999 hrs | $24,793 (4) | $20,865 (2) |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or C227 in Canada?
Caterpillar 242B
No active listings right now.
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