Caterpillar 242D vs New Holland L175: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $24,980 for the New Holland L175. That's a $1,425 difference. Based on 18 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,425 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 →New Holland L175
SSL$24,980 CAD avg
$13,054
Low
$46,780
High
6
Sales
Avg 1,286 hours · 2008–2009 model years
Full price guide →What are the key differences between 242D and L175?
- Price: The 242D is $1,425 cheaper on average (6% savings).
- Usage: Used 242Ds average 3,839 hours while L175s average 1,286 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or L175? Check current listings with Deal Scores.
Which is the better value: 242D or L175?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($1,425 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L175 if:
- You prefer New Holland's dealer network and parts availability
How do 242D and L175 prices compare by year?
| Year | Caterpillar 242D | New Holland L175 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2009 | — | $13,240 (2) |
| 2008 | — | $18,577 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and L175 prices compare by hours?
| Hours | Caterpillar 242D | New Holland L175 |
|---|---|---|
| 0-999 hrs | — | $43,124 (2) |
| 2,000-2,999 hrs | $26,090 (6) | $18,577 (2) |
| 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 L175 in Canada?
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