Caterpillar 242D vs Caterpillar 262C2: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $27,134 for the Caterpillar 262C2. That's a $3,578 difference. Based on 21 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,578 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 262C2
SSL$27,134 CAD avg
$13,109
Low
$52,311
High
9
Sales
Avg 5,484 hours · 2012–2013 model years
Full price guide →What are the key differences between 242D and 262C2?
- Price: The 242D is $3,578 cheaper on average (13% savings).
- Usage: Used 242Ds average 3,839 hours while 262C2s average 5,484 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or 262C2? Check current listings with Deal Scores.
Which is the better value: 242D or 262C2?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($3,578 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262C2 if:
- You prefer Caterpillar's dealer network and parts availability
How do 242D and 262C2 prices compare by year?
| Year | Caterpillar 242D | Caterpillar 262C2 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2013 | — | $19,553 (5) |
| 2012 | — | $36,611 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 262C2 prices compare by hours?
| Hours | Caterpillar 242D | Caterpillar 262C2 |
|---|---|---|
| 0-999 hrs | — | $51,202 (2) |
| 2,000-2,999 hrs | $26,090 (6) | — |
| 3,000-3,999 hrs | $24,234 (4) | — |
| 4,000+ hrs | $14,593 (2) | $19,384 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 262C2 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →Caterpillar 262C2
No active listings right now.
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