Caterpillar 242B vs Terex T110F: Which Is the Better Value?

| Based on 30 verified Canadian auction sales

The Caterpillar 242B averages $18,764 CAD at auction, compared to $46,974 for the Terex T110F. That's a $28,209 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 $28,209 less than the T110F.

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 →

Terex T110F

CTL

$46,974 CAD avg

$29,600

Low

$63,261

High

8

Sales

Avg 2,610 hours · 2014–2015 model years

Full price guide →

What are the key differences between 242B and T110F?

  • Price: The 242B is $28,209 cheaper on average (60% savings).
  • Track Type: 242B is a wheeled skid steer (SSL) while T110F 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 T110Fs average 2,610 hours.

Both Caterpillar and Terex retain value well. See our depreciation guide for brand rankings.

Looking for a 242B or T110F? Check current listings with Deal Scores.

Which is the better value: 242B or T110F?

Choose the Terex T110F if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Terex's dealer network and parts availability

How do 242B and T110F prices compare by year?

Caterpillar 242B vs Terex T110F prices by model year (CAD)
Year Caterpillar 242B Terex T110F
2015 $39,595 (4)
2014 $45,955 (2)
2013 $17,396 (2)
2012 $19,401 (2)
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 T110F prices compare by hours?

Caterpillar 242B vs Terex T110F prices by hours (CAD)
Hours Caterpillar 242B Terex T110F
1,000-1,999 hrs $19,840 (4) $48,446 (2)
2,000-2,999 hrs $24,793 (4) $54,352 (4)
3,000-3,999 hrs $30,745 (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.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.

Get a Price Quote on Terex T110F

We'll send you current pricing and available units. No spam.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.