Caterpillar 242D vs New Holland C245: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $73,780 for the New Holland C245. That's a $50,224 difference. Based on 18 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 $50,224 less than the C245.
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 C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do 242D and C245 specs compare?
| Spec | Caterpillar 242D | New Holland C245 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 4,500 lbs |
| Operating Weight | — | 12,920 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 242D and C245?
- Price: The 242D is $50,224 cheaper on average (68% savings).
- Track Type: 242D is a wheeled skid steer (SSL) while C245 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 C245s average 1,061 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or C245? Check current listings with Deal Scores.
Which is the better value: 242D or C245?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($50,224 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C245 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242D and C245 prices compare by year?
| Year | Caterpillar 242D | New Holland C245 |
|---|---|---|
| 2019 | — | $93,043 (2) |
| 2018 | $33,730 (2) | $64,742 (2) |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and C245 prices compare by hours?
| Hours | Caterpillar 242D | New Holland C245 |
|---|---|---|
| 0-999 hrs | — | $93,043 (2) |
| 1,000-1,999 hrs | — | $64,149 (4) |
| 2,000-2,999 hrs | $26,090 (6) | — |
| 3,000-3,999 hrs | $24,234 (4) | — |
| 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 C245 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →New Holland C245
No active listings right now.
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