Caterpillar 242B vs New Holland L185: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $20,679 for the New Holland L185. That's a $1,915 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,915 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 L185
SSL$20,679 CAD avg
$5,768
Low
$42,802
High
14
Sales
Avg 3,007 hours · 2006–2008 model years
Full price guide →What are the key differences between 242B and L185?
- Price: The 242B is $1,915 cheaper on average (9% savings).
- Usage: Used 242Bs average 3,523 hours while L185s average 3,007 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or L185? Check current listings with Deal Scores.
Which is the better value: 242B or L185?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($1,915 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L185 if:
- You prefer New Holland's dealer network and parts availability
How do 242B and L185 prices compare by year?
| Year | Caterpillar 242B | New Holland L185 |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | $25,255 (8) |
| 2006 | $27,942 (2) | $14,578 (6) |
| 2005 | $16,962 (10) | — |
| 2004 | $13,874 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and L185 prices compare by hours?
| Hours | Caterpillar 242B | New Holland L185 |
|---|---|---|
| 1,000-1,999 hrs | $19,840 (4) | $33,089 (4) |
| 2,000-2,999 hrs | $24,793 (4) | $18,829 (4) |
| 4,000+ hrs | $21,238 (8) | $20,454 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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