Caterpillar 242B3 vs New Holland L785: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $10,966 for the New Holland L785. That's a $15,362 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L785 is the better value buy for most Canadian buyers, averaging $15,362 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 L785
SSL$10,966 CAD avg
$6,982
Low
$13,686
High
8
Sales
Avg 4,186 hours · 1990–1994 model years
Full price guide →What are the key differences between 242B3 and L785?
- Price: The L785 is $15,362 cheaper on average (58% savings).
- Usage: Used 242B3s average 1,852 hours while L785s average 4,186 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or L785? Check current listings with Deal Scores.
Which is the better value: 242B3 or L785?
Choose the Caterpillar 242B3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L785 if:
- You want lower upfront cost ($15,362 savings)
- You prefer New Holland's dealer network and parts availability
How do 242B3 and L785 prices compare by year?
| Year | Caterpillar 242B3 | New Holland L785 |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
| 1994 | — | $13,446 (2) |
| 1990 | — | $11,756 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and L785 prices compare by hours?
| Hours | Caterpillar 242B3 | New Holland L785 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | — |
| 1,000-1,999 hrs | $25,297 (4) | — |
| 3,000-3,999 hrs | — | $12,272 (4) |
| 4,000+ hrs | $28,690 (2) | $9,660 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B3 or L785 in Canada?
Caterpillar 242B3
No active listings right now.
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