Caterpillar 242B vs Takeuchi TL150: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $22,659 for the Takeuchi TL150. That's a $3,894 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,894 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 →Takeuchi TL150
CTL$22,659 CAD avg
$5,008
Low
$37,191
High
12
Sales
Avg 2,928 hours · 2003–2007 model years
Full price guide →What are the key differences between 242B and TL150?
- Price: The 242B is $3,894 cheaper on average (17% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while TL150 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 TL150s average 2,928 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or TL150? Check current listings with Deal Scores.
Which is the better value: 242B or TL150?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($3,894 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL150 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 242B and TL150 prices compare by year?
| Year | Caterpillar 242B | Takeuchi TL150 |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | — |
| 2007 | — | $30,669 (2) |
| 2006 | $27,942 (2) | $32,855 (2) |
| 2005 | $16,962 (10) | $24,518 (2) |
| 2004 | $13,874 (4) | $21,995 (2) |
| 2003 | — | $20,149 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and TL150 prices compare by hours?
| Hours | Caterpillar 242B | Takeuchi TL150 |
|---|---|---|
| 0-999 hrs | — | $5,768 (2) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $22,333 (4) |
| 3,000-3,999 hrs | — | $27,425 (4) |
| 4,000+ hrs | $21,238 (8) | $30,669 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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