Caterpillar 242B3 vs Terex T110F: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $46,974 for the Terex T110F. That's a $20,644 difference. Based on 16 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 $20,644 less than the T110F.
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 →Terex T110F
CTL$46,974 CAD avg
$29,600
Low
$63,261
High
8
Sales
Avg 2,610 hours · 2014–2015 model years
Full price guide →What are the key differences between 242B3 and T110F?
- Price: The 242B3 is $20,644 cheaper on average (44% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while T110F 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 T110Fs average 2,610 hours.
Both Caterpillar and Terex retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or T110F? Check current listings with Deal Scores.
Which is the better value: 242B3 or T110F?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($20,644 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Terex T110F if:
- You work on soft ground, mud, or uneven terrain
- You prefer Terex's dealer network and parts availability
How do 242B3 and T110F prices compare by year?
| Year | Caterpillar 242B3 | Terex T110F |
|---|---|---|
| 2015 | — | $39,595 (4) |
| 2014 | — | $45,955 (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 T110F prices compare by hours?
| Hours | Caterpillar 242B3 | Terex T110F |
|---|---|---|
| 0-999 hrs | $26,032 (2) | — |
| 1,000-1,999 hrs | $25,297 (4) | $48,446 (2) |
| 2,000-2,999 hrs | — | $54,352 (4) |
| 3,000-3,999 hrs | — | $30,745 (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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