Caterpillar 242B3 vs New Holland C245: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $73,780 for the New Holland C245. That's a $47,451 difference. Based on 14 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 $47,451 less than the C245.
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 C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do 242B3 and C245 specs compare?
| Spec | Caterpillar 242B3 | New Holland C245 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 4,500 lbs |
| Operating Weight | — | 12,920 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 242B3 and C245?
- Price: The 242B3 is $47,451 cheaper on average (64% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while C245 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242B3s average 1,852 hours while C245s average 1,061 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or C245? Check current listings with Deal Scores.
Which is the better value: 242B3 or C245?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($47,451 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C245 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242B3 and C245 prices compare by year?
| Year | Caterpillar 242B3 | New Holland C245 |
|---|---|---|
| 2019 | — | $93,043 (2) |
| 2018 | — | $64,742 (2) |
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and C245 prices compare by hours?
| Hours | Caterpillar 242B3 | New Holland C245 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $93,043 (2) |
| 1,000-1,999 hrs | $25,297 (4) | $64,149 (4) |
| 4,000+ hrs | $28,690 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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