Caterpillar 242B3 vs Morbark 700H: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $10,511 for the Morbark 700H. That's a $15,818 difference. Based on 14 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Morbark 700H is the better value buy for most Canadian buyers, averaging $15,818 less than the 242B3.
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 →Morbark 700H
$10,511 CAD avg
$9,259
Low
$11,610
High
6
Sales
Avg 907 hours · 2017–2018 model years
Full price guide →What are the key differences between 242B3 and 700H?
- Price: The 700H is $15,818 cheaper on average (60% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while 700H is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242B3s average 1,852 hours while 700Hs average 907 hours.
Both Caterpillar and Morbark retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or 700H? Check current listings with Deal Scores.
Which is the better value: 242B3 or 700H?
Choose the Caterpillar 242B3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Morbark 700H if:
- You want lower upfront cost ($15,818 savings)
- You prefer Morbark's dealer network and parts availability
How do 242B3 and 700H prices compare by year?
| Year | Caterpillar 242B3 | Morbark 700H |
|---|---|---|
| 2018 | — | $11,194 (2) |
| 2017 | — | $10,169 (4) |
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and 700H prices compare by hours?
| Hours | Caterpillar 242B3 | Morbark 700H |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $10,406 (4) |
| 1,000-1,999 hrs | $25,297 (4) | $10,721 (2) |
| 4,000+ hrs | $28,690 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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