Caterpillar 242D vs New Holland L185: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $20,679 for the New Holland L185. That's a $2,875 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,875 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 L185
SSL$20,679 CAD avg
$5,768
Low
$42,802
High
14
Sales
Avg 3,007 hours · 2006–2008 model years
Full price guide →What are the key differences between 242D and L185?
- Price: The L185 is $2,875 cheaper on average (12% savings).
- Usage: Used 242Ds average 3,839 hours while L185s average 3,007 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or L185? Check current listings with Deal Scores.
Which is the better value: 242D or L185?
Choose the Caterpillar 242D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L185 if:
- You want lower upfront cost ($2,875 savings)
- You prefer New Holland's dealer network and parts availability
How do 242D and L185 prices compare by year?
| Year | Caterpillar 242D | New Holland L185 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2008 | — | $25,255 (8) |
| 2006 | — | $14,578 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and L185 prices compare by hours?
| Hours | Caterpillar 242D | New Holland L185 |
|---|---|---|
| 1,000-1,999 hrs | — | $33,089 (4) |
| 2,000-2,999 hrs | $26,090 (6) | $18,829 (4) |
| 3,000-3,999 hrs | $24,234 (4) | — |
| 4,000+ hrs | $14,593 (2) | $20,454 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or L185 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →New Holland L185
No active listings right now.
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