Caterpillar 242B3 vs Caterpillar 277C: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $31,968 for the Caterpillar 277C. That's a $5,639 difference. Based on 26 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 $5,639 less than the 277C.
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 277C
CTL$31,968 CAD avg
$14,572
Low
$48,575
High
18
Sales
Avg 4,062 hours · 2007–2013 model years
Full price guide →What are the key differences between 242B3 and 277C?
- Price: The 242B3 is $5,639 cheaper on average (18% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while 277C is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242B3s average 1,852 hours while 277Cs average 4,062 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or 277C? Check current listings with Deal Scores.
Which is the better value: 242B3 or 277C?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($5,639 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 277C if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242B3 and 277C prices compare by year?
| Year | Caterpillar 242B3 | Caterpillar 277C |
|---|---|---|
| 2013 | $26,032 (2) | $36,640 (4) |
| 2012 | $26,428 (6) | — |
| 2011 | — | $15,129 (2) |
| 2010 | — | $46,484 (2) |
| 2009 | — | $17,075 (2) |
| 2008 | — | $36,551 (6) |
| 2007 | — | $26,092 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and 277C prices compare by hours?
| Hours | Caterpillar 242B3 | Caterpillar 277C |
|---|---|---|
| 0-999 hrs | $26,032 (2) | — |
| 1,000-1,999 hrs | $25,297 (4) | — |
| 2,000-2,999 hrs | — | $36,792 (2) |
| 3,000-3,999 hrs | — | $30,951 (8) |
| 4,000+ hrs | $28,690 (2) | $36,680 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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