Caterpillar 242B3 vs New Holland L218: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $18,992 for the New Holland L218. That's a $7,336 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L218 is the better value buy for most Canadian buyers, averaging $7,336 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 L218
SSL$18,992 CAD avg
$9,715
Low
$36,332
High
8
Sales
Avg 3,003 hours · 2011–2012 model years
Full price guide →How do 242B3 and L218 specs compare?
| Spec | Caterpillar 242B3 | New Holland L218 |
|---|---|---|
| Horsepower | — | 60 hp |
| Rated Operating Capacity | — | 1,800 lbs |
| Operating Weight | — | 6,160 lbs |
| Lift Type | — | radial |
| Frame Size | — | small |
| High Flow | — | 1 gpm |
What are the key differences between 242B3 and L218?
- Price: The L218 is $7,336 cheaper on average (28% savings).
- Usage: Used 242B3s average 1,852 hours while L218s average 3,003 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or L218? Check current listings with Deal Scores.
Which is the better value: 242B3 or L218?
Choose the Caterpillar 242B3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($7,336 savings)
- You prefer New Holland's dealer network and parts availability
How do 242B3 and L218 prices compare by year?
| Year | Caterpillar 242B3 | New Holland L218 |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and L218 prices compare by hours?
| Hours | Caterpillar 242B3 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $24,663 (4) |
| 1,000-1,999 hrs | $25,297 (4) | — |
| 3,000-3,999 hrs | — | $16,202 (2) |
| 4,000+ hrs | $28,690 (2) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B3 or L218 in Canada?
Caterpillar 242B3
No active listings right now.
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