Caterpillar 242B3 vs New Holland L775: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $6,894 for the New Holland L775. That's a $19,434 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L775 is the better value buy for most Canadian buyers, averaging $19,434 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 →New Holland L775
SSL$6,894 CAD avg
$6,223
Low
$7,892
High
8
Sales
Avg 1,321 hours · None–None model years
Full price guide →What are the key differences between 242B3 and L775?
- Price: The L775 is $19,434 cheaper on average (74% savings).
- Usage: Used 242B3s average 1,852 hours while L775s average 1,321 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or L775? Check current listings with Deal Scores.
Which is the better value: 242B3 or L775?
Choose the Caterpillar 242B3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L775 if:
- You want lower upfront cost ($19,434 savings)
- You prefer New Holland's dealer network and parts availability
How do 242B3 and L775 prices compare by year?
| Year | Caterpillar 242B3 | New Holland L775 |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and L775 prices compare by hours?
| Hours | Caterpillar 242B3 | New Holland L775 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $7,180 (4) |
| 1,000-1,999 hrs | $25,297 (4) | $6,574 (2) |
| 2,000-2,999 hrs | — | $6,641 (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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