Caterpillar 242B3 vs New Holland T185B: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $24,251 for the New Holland T185B. That's a $2,077 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,077 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 T185B
CTL$24,251 CAD avg
$20,493
Low
$30,782
High
8
Sales
Avg 1,907 hours · 2005–2006 model years
Full price guide →What are the key differences between 242B3 and T185B?
- Price: The T185B is $2,077 cheaper on average (8% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while T185B 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 T185B? Check current listings with Deal Scores.
Which is the better value: 242B3 or T185B?
Choose the Caterpillar 242B3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland T185B if:
- You want lower upfront cost ($2,077 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242B3 and T185B prices compare by year?
| Year | Caterpillar 242B3 | New Holland T185B |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
| 2006 | — | $28,673 (2) |
| 2005 | — | $22,777 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and T185B prices compare by hours?
| Hours | Caterpillar 242B3 | New Holland T185B |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $22,190 (2) |
| 1,000-1,999 hrs | $25,297 (4) | $26,788 (4) |
| 4,000+ hrs | $28,690 (2) | $21,240 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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