Caterpillar 242B3 vs New Holland C232: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $39,742 for the New Holland C232. That's a $13,412 difference. Based on 22 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 $13,412 less than the C232.
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 →New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 model years
Full price guide →How do 242B3 and C232 specs compare?
| Spec | Caterpillar 242B3 | New Holland C232 |
|---|---|---|
| Horsepower | — | 84 hp |
| Rated Operating Capacity | — | 2,700 lbs |
| Operating Weight | — | 10,085 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 242B3 and C232?
- Price: The 242B3 is $13,412 cheaper on average (34% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while C232 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or C232? Check current listings with Deal Scores.
Which is the better value: 242B3 or C232?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($13,412 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C232 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242B3 and C232 prices compare by year?
| Year | Caterpillar 242B3 | New Holland C232 |
|---|---|---|
| 2017 | — | $52,192 (4) |
| 2014 | — | $32,575 (2) |
| 2013 | $26,032 (2) | $45,914 (4) |
| 2012 | $26,428 (6) | $18,756 (2) |
| 2011 | — | $30,651 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and C232 prices compare by hours?
| Hours | Caterpillar 242B3 | New Holland C232 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | — |
| 1,000-1,999 hrs | $25,297 (4) | $45,372 (10) |
| 3,000-3,999 hrs | — | $32,575 (2) |
| 4,000+ hrs | $28,690 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B3 or C232 in Canada?
Caterpillar 242B3
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242B3
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland C232
We'll send you current pricing and available units. No spam.