Caterpillar 242B vs New Holland T185B: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $24,251 for the New Holland T185B. That's a $5,486 difference. Based on 30 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 $5,486 less than the T185B.
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 T185B
CTL$24,251 CAD avg
$20,493
Low
$30,782
High
8
Sales
Avg 1,907 hours · 2005–2006 model years
Full price guide →What are the key differences between 242B and T185B?
- Price: The 242B is $5,486 cheaper on average (23% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while T185B 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 T185Bs average 1,907 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or T185B? Check current listings with Deal Scores.
Which is the better value: 242B or T185B?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($5,486 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland T185B if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242B and T185B prices compare by year?
| Year | Caterpillar 242B | New Holland T185B |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | — |
| 2006 | $27,942 (2) | $28,673 (2) |
| 2005 | $16,962 (10) | $22,777 (6) |
| 2004 | $13,874 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and T185B prices compare by hours?
| Hours | Caterpillar 242B | New Holland T185B |
|---|---|---|
| 0-999 hrs | — | $22,190 (2) |
| 1,000-1,999 hrs | $19,840 (4) | $26,788 (4) |
| 2,000-2,999 hrs | $24,793 (4) | — |
| 4,000+ hrs | $21,238 (8) | $21,240 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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