Caterpillar 242D3 vs Caterpillar 257B2: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $23,706 for the Caterpillar 257B2. That's a $22,800 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 257B2 is the better value buy for most Canadian buyers, averaging $22,800 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 257B2
CTL$23,706 CAD avg
$18,216
Low
$31,118
High
6
Sales
Avg 3,280 hours · 2008–2009 model years
Full price guide →What are the key differences between 242D3 and 257B2?
- Price: The 257B2 is $22,800 cheaper on average (49% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while 257B2 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 257B2s average 3,280 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 257B2? Check current listings with Deal Scores.
Which is the better value: 242D3 or 257B2?
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 257B2 if:
- You want lower upfront cost ($22,800 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242D3 and 257B2 prices compare by year?
| Year | Caterpillar 242D3 | Caterpillar 257B2 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2009 | — | $18,803 (2) |
| 2008 | — | $31,079 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 257B2 prices compare by hours?
| Hours | Caterpillar 242D3 | Caterpillar 257B2 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $21,235 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $31,079 (2) |
| 2,000-2,999 hrs | $25,806 (2) | — |
| 4,000+ hrs | — | $18,803 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 257B2 in Canada?
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