Caterpillar 242D vs Caterpillar 262D: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $3,748 difference. Based on 103 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,748 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 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →What are the key differences between 242D and 262D?
- Price: The 242D is $3,748 cheaper on average (14% savings).
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or 262D? Check current listings with Deal Scores.
Which is the better value: 242D or 262D?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($3,748 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D if:
- You prefer Caterpillar's dealer network and parts availability
How do 242D and 262D prices compare by year?
| Year | Caterpillar 242D | Caterpillar 262D |
|---|---|---|
| 2019 | — | $23,439 (4) |
| 2018 | $33,730 (2) | $26,302 (14) |
| 2017 | — | $24,194 (16) |
| 2016 | $14,593 (2) | $31,259 (12) |
| 2015 | $22,270 (4) | $31,425 (17) |
| 2014 | $24,234 (4) | $23,830 (22) |
| 2013 | — | $42,801 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 262D prices compare by hours?
| Hours | Caterpillar 242D | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | — | $47,156 (4) |
| 1,000-1,999 hrs | — | $34,947 (14) |
| 2,000-2,999 hrs | $26,090 (6) | $29,670 (18) |
| 3,000-3,999 hrs | $24,234 (4) | $24,712 (11) |
| 4,000+ hrs | $14,593 (2) | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 262D in Canada?
Caterpillar 242D
All Caterpillar 242D listings →More Comparisons
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