Caterpillar 242D3 vs Caterpillar 289D: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $42,498 for the Caterpillar 289D. That's a $4,007 difference. Based on 182 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,007 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 289D
CTL$42,498 CAD avg
$15,938
Low
$85,752
High
173
Sales
Avg 4,178 hours · 2014–2019 model years
Full price guide →What are the key differences between 242D3 and 289D?
- Price: The 289D is $4,007 cheaper on average (9% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while 289D 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 289Ds average 4,178 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 289D? Check current listings with Deal Scores.
Which is the better value: 242D3 or 289D?
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 289D if:
- You want lower upfront cost ($4,007 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 242D3 and 289D prices compare by year?
| Year | Caterpillar 242D3 | Caterpillar 289D |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2019 | — | $50,672 (14) |
| 2018 | — | $50,661 (16) |
| 2017 | — | $45,097 (34) |
| 2016 | — | $44,284 (36) |
| 2015 | — | $37,230 (45) |
| 2014 | — | $36,763 (28) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 289D prices compare by hours?
| Hours | Caterpillar 242D3 | Caterpillar 289D |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $73,797 (12) |
| 1,000-1,999 hrs | $52,417 (4) | $53,030 (4) |
| 2,000-2,999 hrs | $25,806 (2) | $54,344 (17) |
| 3,000-3,999 hrs | — | $47,094 (50) |
| 4,000+ hrs | — | $32,996 (86) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 289D in Canada?
Caterpillar 242D3
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