Caterpillar 242B3 vs Caterpillar 289D3: Which Is the Better Value?

| Based on 56 verified Canadian auction sales

The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $71,262 for the Caterpillar 289D3. That's a $44,933 difference. Based on 56 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 $44,933 less than the 289D3.

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 289D3

CTL

$71,262 CAD avg

$22,080

Low

$120,239

High

48

Sales

Avg 1,828 hours · 2019–2023 model years

Full price guide →

What are the key differences between 242B3 and 289D3?

  • Price: The 242B3 is $44,933 cheaper on average (63% savings).
  • Track Type: 242B3 is a wheeled skid steer (SSL) while 289D3 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.

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

Looking for a 242B3 or 289D3? Check current listings with Deal Scores.

Which is the better value: 242B3 or 289D3?

Choose the Caterpillar 289D3 if:

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

How do 242B3 and 289D3 prices compare by year?

Caterpillar 242B3 vs Caterpillar 289D3 prices by model year (CAD)
Year Caterpillar 242B3 Caterpillar 289D3
2023 $97,053 (22)
2022 $70,206 (6)
2021 $35,654 (6)
2020 $43,561 (8)
2019 $50,295 (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 289D3 prices compare by hours?

Caterpillar 242B3 vs Caterpillar 289D3 prices by hours (CAD)
Hours Caterpillar 242B3 Caterpillar 289D3
0-999 hrs $26,032 (2) $97,397 (24)
1,000-1,999 hrs $25,297 (4) $63,219 (4)
2,000-2,999 hrs $44,780 (7)
3,000-3,999 hrs $41,957 (10)
4,000+ hrs $28,690 (2) $32,384 (3)

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

Where can I buy a 242B3 or 289D3 in Canada?

More Comparisons

Related Guides

Get Pricing

Get a Price Quote on Caterpillar 242B3

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 Caterpillar 289D3

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.