Caterpillar 242D vs Caterpillar 277B: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $22,804 for the Caterpillar 277B. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $750 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 277B
CTL$22,804 CAD avg
$9,108
Low
$34,914
High
24
Sales
Avg 2,881 hours · 2004–2006 model years
Full price guide →What are the key differences between 242D and 277B?
- Track Type: 242D is a wheeled skid steer (SSL) while 277B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242Ds average 3,839 hours while 277Bs average 2,881 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or 277B? Check current listings with Deal Scores.
Which is the better value: 242D or 277B?
Choose the Caterpillar 242D if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 277B if:
- You want lower upfront cost ($750 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242D and 277B prices compare by year?
| Year | Caterpillar 242D | Caterpillar 277B |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2006 | — | $28,171 (4) |
| 2005 | — | $21,651 (12) |
| 2004 | — | $21,850 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 277B prices compare by hours?
| Hours | Caterpillar 242D | Caterpillar 277B |
|---|---|---|
| 0-999 hrs | — | $27,160 (2) |
| 1,000-1,999 hrs | — | $27,160 (2) |
| 2,000-2,999 hrs | $26,090 (6) | $24,197 (6) |
| 3,000-3,999 hrs | $24,234 (4) | $21,690 (2) |
| 4,000+ hrs | $14,593 (2) | $29,397 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 277B in Canada?
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