Caterpillar 242D vs New Holland L160: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $16,526 for the New Holland L160. That's a $7,029 difference. Based on 20 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L160 is the better value buy for most Canadian buyers, averaging $7,029 less than the 242D.
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 L160
SSL$16,526 CAD avg
$12,447
Low
$23,861
High
8
Sales
Avg 2,661 hours · 2006–2007 model years
Full price guide →What are the key differences between 242D and L160?
- Price: The L160 is $7,029 cheaper on average (30% savings).
- Usage: Used 242Ds average 3,839 hours while L160s average 2,661 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or L160? Check current listings with Deal Scores.
Which is the better value: 242D or L160?
Choose the Caterpillar 242D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L160 if:
- You want lower upfront cost ($7,029 savings)
- You prefer New Holland's dealer network and parts availability
How do 242D and L160 prices compare by year?
| Year | Caterpillar 242D | New Holland L160 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2007 | — | $22,936 (2) |
| 2006 | — | $14,390 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and L160 prices compare by hours?
| Hours | Caterpillar 242D | New Holland L160 |
|---|---|---|
| 1,000-1,999 hrs | — | $18,939 (4) |
| 2,000-2,999 hrs | $26,090 (6) | — |
| 3,000-3,999 hrs | $24,234 (4) | $13,083 (2) |
| 4,000+ hrs | $14,593 (2) | $15,144 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or L160 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →New Holland L160
No active listings right now.
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