Caterpillar 242D3 vs Caterpillar 277B: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $22,804 for the Caterpillar 277B. That's a $23,701 difference. Based on 33 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 277B is the better value buy for most Canadian buyers, averaging $23,701 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 277B
CTL$22,804 CAD avg
$9,108
Low
$34,914
High
24
Sales
Avg 2,881 hours · 2004–2006 model years
Full price guide →What are the key differences between 242D3 and 277B?
- Price: The 277B is $23,701 cheaper on average (51% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while 277B 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 277Bs average 2,881 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 277B? Check current listings with Deal Scores.
Which is the better value: 242D3 or 277B?
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 277B if:
- You want lower upfront cost ($23,701 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242D3 and 277B prices compare by year?
| Year | Caterpillar 242D3 | Caterpillar 277B |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2006 | — | $28,171 (4) |
| 2005 | — | $21,651 (12) |
| 2004 | — | $21,850 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 277B prices compare by hours?
| Hours | Caterpillar 242D3 | Caterpillar 277B |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $27,160 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $27,160 (2) |
| 2,000-2,999 hrs | $25,806 (2) | $24,197 (6) |
| 3,000-3,999 hrs | — | $21,690 (2) |
| 4,000+ hrs | — | $29,397 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 277B in Canada?
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