Caterpillar 242B3 vs Takeuchi TL140: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $18,698 for the Takeuchi TL140. That's a $7,631 difference. Based on 48 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL140 is the better value buy for most Canadian buyers, averaging $7,631 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 →Takeuchi TL140
CTL$18,698 CAD avg
$5,243
Low
$34,914
High
40
Sales
Avg 3,546 hours · 2004–2008 model years
Full price guide →What are the key differences between 242B3 and TL140?
- Price: The TL140 is $7,631 cheaper on average (29% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while TL140 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 TL140s average 3,546 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or TL140? Check current listings with Deal Scores.
Which is the better value: 242B3 or TL140?
Choose the Caterpillar 242B3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL140 if:
- You want lower upfront cost ($7,631 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 242B3 and TL140 prices compare by year?
| Year | Caterpillar 242B3 | Takeuchi TL140 |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
| 2008 | — | $21,427 (6) |
| 2007 | — | $19,023 (10) |
| 2006 | — | $16,640 (4) |
| 2005 | — | $13,293 (6) |
| 2004 | — | $20,211 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and TL140 prices compare by hours?
| Hours | Caterpillar 242B3 | Takeuchi TL140 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $16,940 (4) |
| 1,000-1,999 hrs | $25,297 (4) | $19,592 (6) |
| 2,000-2,999 hrs | — | $16,226 (2) |
| 3,000-3,999 hrs | — | $23,521 (8) |
| 4,000+ hrs | $28,690 (2) | $18,353 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
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