Caterpillar 242D vs Caterpillar 262B: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $18,443 for the Caterpillar 262B. That's a $5,111 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262B is the better value buy for most Canadian buyers, averaging $5,111 less than the 242D.
Caterpillar 242D
SSL$23,555 CAD avg
$10,018
Low
$34,666
High
12
Sales
Avg 3,839 hours · 2014–2018 model years
Full price guide →Caterpillar 262B
SSL$18,443 CAD avg
$11,840
Low
$26,564
High
20
Sales
Avg 4,186 hours · 2004–2007 model years
Full price guide →What are the key differences between 242D and 262B?
- Price: The 262B is $5,111 cheaper on average (22% savings).
- Usage: Used 242Ds average 3,839 hours while 262Bs average 4,186 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or 262B? Check current listings with Deal Scores.
Which is the better value: 242D or 262B?
Choose the Caterpillar 242D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262B if:
- You want lower upfront cost ($5,111 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 242D and 262B prices compare by year?
| Year | Caterpillar 242D | Caterpillar 262B |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2007 | — | $19,357 (2) |
| 2006 | — | $16,135 (10) |
| 2005 | — | $21,753 (6) |
| 2004 | — | $19,143 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 262B prices compare by hours?
| Hours | Caterpillar 242D | Caterpillar 262B |
|---|---|---|
| 0-999 hrs | — | $22,441 (2) |
| 2,000-2,999 hrs | $26,090 (6) | $19,614 (2) |
| 3,000-3,999 hrs | $24,234 (4) | $19,357 (2) |
| 4,000+ hrs | $14,593 (2) | $16,410 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 262B in Canada?
Caterpillar 242D
All Caterpillar 242D listings →Caterpillar 262B
No active listings right now.
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