Caterpillar 242B3 vs Caterpillar 262D3: Which Is the Better Value?

| Based on 24 verified Canadian auction sales

The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $8,604 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 242B3 is the better value buy for most Canadian buyers, averaging $8,604 less than the 262D3.

Caterpillar 242B3

SSL

$26,329 CAD avg

$23,529

Low

$29,297

High

8

Sales

Avg 1,852 hours · 2012–2013 model years

Full price guide →

Caterpillar 262D3

SSL

$34,933 CAD avg

$13,799

Low

$48,700

High

16

Sales

Avg 3,424 hours · 2020–2024 model years

Full price guide →

What are the key differences between 242B3 and 262D3?

  • Price: The 242B3 is $8,604 cheaper on average (25% savings).
  • Usage: Used 242B3s average 1,852 hours while 262D3s average 3,424 hours.

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

Looking for a 242B3 or 262D3? Check current listings with Deal Scores.

Which is the better value: 242B3 or 262D3?

Choose the Caterpillar 262D3 if:

  • You prefer Caterpillar's dealer network and parts availability

How do 242B3 and 262D3 prices compare by year?

Caterpillar 242B3 vs Caterpillar 262D3 prices by model year (CAD)
Year Caterpillar 242B3 Caterpillar 262D3
2024 $22,080 (1)
2023 $40,026 (2)
2022 $34,500 (1)
2021 $36,845 (6)
2020 $33,538 (6)
2013 $26,032 (2)
2012 $26,428 (6)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 242B3 and 262D3 prices compare by hours?

Caterpillar 242B3 vs Caterpillar 262D3 prices by hours (CAD)
Hours Caterpillar 242B3 Caterpillar 262D3
0-999 hrs $26,032 (2) $22,080 (1)
1,000-1,999 hrs $25,297 (4)
2,000-2,999 hrs $42,560 (6)
3,000-3,999 hrs $30,387 (2)
4,000+ hrs $28,690 (2) $31,531 (7)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 242B3 or 262D3 in Canada?

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