Caterpillar 242D vs New Holland C238: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $41,158 for the New Holland C238. That's a $17,602 difference. Based on 40 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 $17,602 less than the C238.
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 →New Holland C238
CTL$41,158 CAD avg
$1,745
Low
$67,805
High
28
Sales
Avg 1,529 hours · 2011–2016 model years
Full price guide →How do 242D and C238 specs compare?
| Spec | Caterpillar 242D | New Holland C238 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 3,200 lbs |
| Operating Weight | — | 10,760 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 242D and C238?
- Price: The 242D is $17,602 cheaper on average (43% savings).
- Track Type: 242D is a wheeled skid steer (SSL) while C238 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 C238s average 1,529 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or C238? Check current listings with Deal Scores.
Which is the better value: 242D or C238?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($17,602 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C238 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242D and C238 prices compare by year?
| Year | Caterpillar 242D | New Holland C238 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | $40,115 (4) |
| 2015 | $22,270 (4) | $51,282 (10) |
| 2014 | $24,234 (4) | $43,797 (4) |
| 2012 | — | $31,318 (6) |
| 2011 | — | $30,680 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and C238 prices compare by hours?
| Hours | Caterpillar 242D | New Holland C238 |
|---|---|---|
| 0-999 hrs | — | $54,420 (6) |
| 1,000-1,999 hrs | — | $45,475 (12) |
| 2,000-2,999 hrs | $26,090 (6) | $35,857 (6) |
| 3,000-3,999 hrs | $24,234 (4) | $30,680 (2) |
| 4,000+ hrs | $14,593 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or C238 in Canada?
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