Caterpillar 242D vs Takeuchi TL230: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $25,577 for the Takeuchi TL230. That's a $2,022 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 $2,022 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 →Takeuchi TL230
CTL$25,577 CAD avg
$18,764
Low
$35,673
High
6
Sales
Avg 2,495 hours · 2011–2011 model years
Full price guide →What are the key differences between 242D and TL230?
- Price: The 242D is $2,022 cheaper on average (8% savings).
- Track Type: 242D is a wheeled skid steer (SSL) while TL230 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242Ds average 3,839 hours while TL230s average 2,495 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or TL230? Check current listings with Deal Scores.
Which is the better value: 242D or TL230?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($2,022 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL230 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 242D and TL230 prices compare by year?
| Year | Caterpillar 242D | Takeuchi TL230 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2011 | — | $26,632 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and TL230 prices compare by hours?
| Hours | Caterpillar 242D | Takeuchi TL230 |
|---|---|---|
| 1,000-1,999 hrs | — | $23,467 (2) |
| 2,000-2,999 hrs | $26,090 (6) | — |
| 3,000-3,999 hrs | $24,234 (4) | $30,601 (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 TL230 in Canada?
Caterpillar 242D
All Caterpillar 242D listings →Takeuchi TL230
No active listings right now.
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