Caterpillar 242D3 vs Caterpillar 256C: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $23,179 for the Caterpillar 256C. That's a $23,326 difference. Based on 17 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 256C is the better value buy for most Canadian buyers, averaging $23,326 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 256C
CTL$23,179 CAD avg
$12,447
Low
$36,354
High
8
Sales
Avg 6,922 hours · 2007–2010 model years
Full price guide →What are the key differences between 242D3 and 256C?
- Price: The 256C is $23,326 cheaper on average (50% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while 256C is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242D3s average 1,362 hours while 256Cs average 6,922 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 256C? Check current listings with Deal Scores.
Which is the better value: 242D3 or 256C?
Choose the Caterpillar 242D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 256C if:
- You want lower upfront cost ($23,326 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242D3 and 256C prices compare by year?
| Year | Caterpillar 242D3 | Caterpillar 256C |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2010 | — | $22,336 (4) |
| 2008 | — | $35,254 (2) |
| 2007 | — | $12,791 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 256C prices compare by hours?
| Hours | Caterpillar 242D3 | Caterpillar 256C |
|---|---|---|
| 0-999 hrs | $73,117 (2) | — |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $35,254 (2) |
| 4,000+ hrs | — | $17,180 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 256C in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →Caterpillar 256C
No active listings right now.
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