Caterpillar 242B3 vs Takeuchi TL230: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $25,577 for the Takeuchi TL230. Based on 14 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $751 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 →Takeuchi TL230
CTL$25,577 CAD avg
$18,764
Low
$35,673
High
6
Sales
Avg 2,495 hours · 2011–2011 model years
Full price guide →What are the key differences between 242B3 and TL230?
- Track Type: 242B3 is a wheeled skid steer (SSL) while TL230 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 TL230s average 2,495 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or TL230? Check current listings with Deal Scores.
Which is the better value: 242B3 or TL230?
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 TL230 if:
- You want lower upfront cost ($751 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 242B3 and TL230 prices compare by year?
| Year | Caterpillar 242B3 | Takeuchi TL230 |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
| 2011 | — | $26,632 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and TL230 prices compare by hours?
| Hours | Caterpillar 242B3 | Takeuchi TL230 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | — |
| 1,000-1,999 hrs | $25,297 (4) | $23,467 (2) |
| 3,000-3,999 hrs | — | $30,601 (2) |
| 4,000+ hrs | $28,690 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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