Caterpillar 242B vs New Holland L230: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $30,681 for the New Holland L230. That's a $11,916 difference. Based on 50 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 $11,916 less than the L230.
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 L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →What are the key differences between 242B and L230?
- Price: The 242B is $11,916 cheaper on average (39% savings).
- Usage: Used 242Bs average 3,523 hours while L230s average 1,509 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or L230? Check current listings with Deal Scores.
Which is the better value: 242B or L230?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($11,916 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You prefer New Holland's dealer network and parts availability
How do 242B and L230 prices compare by year?
| Year | Caterpillar 242B | New Holland L230 |
|---|---|---|
| 2017 | — | $62,780 (2) |
| 2015 | — | $32,746 (4) |
| 2014 | — | $42,502 (2) |
| 2013 | $17,396 (2) | $23,664 (4) |
| 2012 | $19,401 (2) | $26,128 (14) |
| 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 L230 prices compare by hours?
| Hours | Caterpillar 242B | New Holland L230 |
|---|---|---|
| 0-999 hrs | — | $43,282 (6) |
| 1,000-1,999 hrs | $19,840 (4) | $31,068 (10) |
| 2,000-2,999 hrs | $24,793 (4) | $31,179 (4) |
| 3,000-3,999 hrs | — | $28,108 (2) |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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 L230
We'll send you current pricing and available units. No spam.