Caterpillar 242B vs Wacker Neuson T31: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $46,413 for the Wacker Neuson T31. That's a $27,648 difference. Based on 32 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 $27,648 less than the T31.
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 →Wacker Neuson T31
CTL$46,413 CAD avg
$28,082
Low
$64,722
High
10
Sales
Avg 1,153 hours · 2017–2018 model years
Full price guide →What are the key differences between 242B and T31?
- Price: The 242B is $27,648 cheaper on average (60% savings).
- Track Type: 242B is a wheeled skid steer (SSL) while T31 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 T31s average 1,153 hours.
Both Caterpillar and Wacker Neuson retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or T31? Check current listings with Deal Scores.
Which is the better value: 242B or T31?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($27,648 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Wacker Neuson T31 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Wacker Neuson's dealer network and parts availability
How do 242B and T31 prices compare by year?
| Year | Caterpillar 242B | Wacker Neuson T31 |
|---|---|---|
| 2018 | — | $54,530 (2) |
| 2017 | — | $37,003 (4) |
| 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 T31 prices compare by hours?
| Hours | Caterpillar 242B | Wacker Neuson T31 |
|---|---|---|
| 0-999 hrs | — | $48,422 (4) |
| 1,000-1,999 hrs | $19,840 (4) | $45,073 (6) |
| 2,000-2,999 hrs | $24,793 (4) | — |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or T31 in Canada?
Caterpillar 242B
No active listings right now.
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