Caterpillar 242D3 vs Caterpillar 246C: Which Is the Better Value?

| Based on 48 verified Canadian auction sales

The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $20,251 for the Caterpillar 246C. That's a $26,255 difference. Based on 48 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 246C is the better value buy for most Canadian buyers, averaging $26,255 less than the 242D3.

Caterpillar 242D3

SSL

$46,506 CAD avg

$11,040

Low

$74,888

High

9

Sales

Avg 1,362 hours · 2020–2022 model years

Full price guide →

Caterpillar 246C

SSL

$20,251 CAD avg

$7,286

Low

$34,905

High

39

Sales

Avg 5,344 hours · 2007–2013 model years

Full price guide →

What are the key differences between 242D3 and 246C?

  • Price: The 246C is $26,255 cheaper on average (56% savings).
  • Usage: Used 242D3s average 1,362 hours while 246Cs average 5,344 hours.

Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a 242D3 or 246C? Check current listings with Deal Scores.

Which is the better value: 242D3 or 246C?

Choose the Caterpillar 242D3 if:

  • You prefer Caterpillar's dealer network and parts availability

How do 242D3 and 246C prices compare by year?

Caterpillar 242D3 vs Caterpillar 246C prices by model year (CAD)
Year Caterpillar 242D3 Caterpillar 246C
2022 $11,040 (1)
2021 $59,122 (4)
2020 $42,756 (4)
2013 $27,179 (2)
2012 $23,133 (8)
2011 $15,420 (10)
2010 $25,021 (10)
2008 $11,542 (6)
2007 $25,566 (3)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 242D3 and 246C prices compare by hours?

Caterpillar 242D3 vs Caterpillar 246C prices by hours (CAD)
Hours Caterpillar 242D3 Caterpillar 246C
0-999 hrs $73,117 (2) $34,530 (2)
1,000-1,999 hrs $52,417 (4) $27,768 (2)
2,000-2,999 hrs $25,806 (2) $14,406 (2)
3,000-3,999 hrs $22,295 (4)
4,000+ hrs $19,048 (27)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 242D3 or 246C in Canada?

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