Caterpillar 242D3 vs Caterpillar 246D: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $26,085 for the Caterpillar 246D. That's a $20,421 difference. Based on 39 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $20,421 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 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →What are the key differences between 242D3 and 246D?
- Price: The 246D is $20,421 cheaper on average (44% savings).
- Usage: Used 242D3s average 1,362 hours while 246Ds average 5,024 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 246D? Check current listings with Deal Scores.
Which is the better value: 242D3 or 246D?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 246D if:
- You want lower upfront cost ($20,421 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 242D3 and 246D prices compare by year?
| Year | Caterpillar 242D3 | Caterpillar 246D |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2019 | — | $26,817 (4) |
| 2018 | — | $25,143 (6) |
| 2017 | — | $29,262 (2) |
| 2016 | — | $18,027 (4) |
| 2015 | — | $24,088 (6) |
| 2014 | — | $25,777 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 246D prices compare by hours?
| Hours | Caterpillar 242D3 | Caterpillar 246D |
|---|---|---|
| 0-999 hrs | $73,117 (2) | — |
| 1,000-1,999 hrs | $52,417 (4) | $28,287 (3) |
| 2,000-2,999 hrs | $25,806 (2) | $29,667 (3) |
| 3,000-3,999 hrs | — | $28,910 (6) |
| 4,000+ hrs | — | $24,179 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 246D in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →More Comparisons
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