Caterpillar 242B vs New Holland L175: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $24,980 for the New Holland L175. That's a $6,215 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 $6,215 less than the L175.
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 L175
SSL$24,980 CAD avg
$13,054
Low
$46,780
High
6
Sales
Avg 1,286 hours · 2008–2009 model years
Full price guide →What are the key differences between 242B and L175?
- Price: The 242B is $6,215 cheaper on average (25% savings).
- Usage: Used 242Bs average 3,523 hours while L175s average 1,286 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or L175? Check current listings with Deal Scores.
Which is the better value: 242B or L175?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($6,215 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L175 if:
- You prefer New Holland's dealer network and parts availability
How do 242B and L175 prices compare by year?
| Year | Caterpillar 242B | New Holland L175 |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2009 | — | $13,240 (2) |
| 2008 | $29,111 (2) | $18,577 (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 L175 prices compare by hours?
| Hours | Caterpillar 242B | New Holland L175 |
|---|---|---|
| 0-999 hrs | — | $43,124 (2) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $18,577 (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 L175 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 New Holland L175
We'll send you current pricing and available units. No spam.