Caterpillar 242D vs New Holland L218: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $18,992 for the New Holland L218. That's a $4,562 difference. Based on 20 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,562 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 L218
SSL$18,992 CAD avg
$9,715
Low
$36,332
High
8
Sales
Avg 3,003 hours · 2011–2012 model years
Full price guide →How do 242D and L218 specs compare?
| Spec | Caterpillar 242D | New Holland L218 |
|---|---|---|
| Horsepower | — | 60 hp |
| Rated Operating Capacity | — | 1,800 lbs |
| Operating Weight | — | 6,160 lbs |
| Lift Type | — | radial |
| Frame Size | — | small |
| High Flow | — | 1 gpm |
What are the key differences between 242D and L218?
- Price: The L218 is $4,562 cheaper on average (19% savings).
- Usage: Used 242Ds average 3,839 hours while L218s average 3,003 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or L218? Check current listings with Deal Scores.
Which is the better value: 242D or L218?
Choose the Caterpillar 242D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($4,562 savings)
- You prefer New Holland's dealer network and parts availability
How do 242D and L218 prices compare by year?
| Year | Caterpillar 242D | New Holland L218 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and L218 prices compare by hours?
| Hours | Caterpillar 242D | New Holland L218 |
|---|---|---|
| 0-999 hrs | — | $24,663 (4) |
| 2,000-2,999 hrs | $26,090 (6) | — |
| 3,000-3,999 hrs | $24,234 (4) | $16,202 (2) |
| 4,000+ hrs | $14,593 (2) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or L218 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →More Comparisons
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