Caterpillar 242D3 vs Caterpillar 262D3: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $11,572 difference. Based on 25 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D3 is the better value buy for most Canadian buyers, averaging $11,572 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 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →What are the key differences between 242D3 and 262D3?
- Price: The 262D3 is $11,572 cheaper on average (25% savings).
- Usage: Used 242D3s average 1,362 hours while 262D3s average 3,424 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 262D3? Check current listings with Deal Scores.
Which is the better value: 242D3 or 262D3?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($11,572 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 242D3 and 262D3 prices compare by year?
| Year | Caterpillar 242D3 | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | $11,040 (1) | $34,500 (1) |
| 2021 | $59,122 (4) | $36,845 (6) |
| 2020 | $42,756 (4) | $33,538 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 262D3 prices compare by hours?
| Hours | Caterpillar 242D3 | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $22,080 (1) |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $42,560 (6) |
| 3,000-3,999 hrs | — | $30,387 (2) |
| 4,000+ hrs | — | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 262D3 in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242D3
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 262D3
We'll send you current pricing and available units. No spam.