Caterpillar 242D vs New Holland L230: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $30,681 for the New Holland L230. That's a $7,125 difference. Based on 40 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 $7,125 less than the L230.
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 L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →What are the key differences between 242D and L230?
- Price: The 242D is $7,125 cheaper on average (23% savings).
- Usage: Used 242Ds average 3,839 hours while L230s average 1,509 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or L230? Check current listings with Deal Scores.
Which is the better value: 242D or L230?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($7,125 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You prefer New Holland's dealer network and parts availability
How do 242D and L230 prices compare by year?
| Year | Caterpillar 242D | New Holland L230 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2017 | — | $62,780 (2) |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | $32,746 (4) |
| 2014 | $24,234 (4) | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and L230 prices compare by hours?
| Hours | Caterpillar 242D | New Holland L230 |
|---|---|---|
| 0-999 hrs | — | $43,282 (6) |
| 1,000-1,999 hrs | — | $31,068 (10) |
| 2,000-2,999 hrs | $26,090 (6) | $31,179 (4) |
| 3,000-3,999 hrs | $24,234 (4) | $28,108 (2) |
| 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 L230 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →New Holland L230
No active listings right now.
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