Caterpillar 242D vs Caterpillar 289D: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $42,498 for the Caterpillar 289D. That's a $18,943 difference. Based on 185 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $18,943 less than the 289D.
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 289D
CTL$42,498 CAD avg
$15,938
Low
$85,752
High
173
Sales
Avg 4,178 hours · 2014–2019 model years
Full price guide →What are the key differences between 242D and 289D?
- Price: The 242D is $18,943 cheaper on average (45% savings).
- Track Type: 242D is a wheeled skid steer (SSL) while 289D 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 289Ds average 4,178 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or 289D? Check current listings with Deal Scores.
Which is the better value: 242D or 289D?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($18,943 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 289D if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242D and 289D prices compare by year?
| Year | Caterpillar 242D | Caterpillar 289D |
|---|---|---|
| 2019 | — | $50,672 (14) |
| 2018 | $33,730 (2) | $50,661 (16) |
| 2017 | — | $45,097 (34) |
| 2016 | $14,593 (2) | $44,284 (36) |
| 2015 | $22,270 (4) | $37,230 (45) |
| 2014 | $24,234 (4) | $36,763 (28) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 289D prices compare by hours?
| Hours | Caterpillar 242D | Caterpillar 289D |
|---|---|---|
| 0-999 hrs | — | $73,797 (12) |
| 1,000-1,999 hrs | — | $53,030 (4) |
| 2,000-2,999 hrs | $26,090 (6) | $54,344 (17) |
| 3,000-3,999 hrs | $24,234 (4) | $47,094 (50) |
| 4,000+ hrs | $14,593 (2) | $32,996 (86) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 289D in Canada?
Caterpillar 242D
All Caterpillar 242D listings →More Comparisons
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