Caterpillar 242D3 vs Caterpillar 299D2: Which Is the Better Value?

| Based on 123 verified Canadian auction sales

The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $50,586 for the Caterpillar 299D2. That's a $4,079 difference. Based on 123 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $4,079 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 299D2

SSL

$50,586 CAD avg

$1,138

Low

$130,547

High

114

Sales

Avg 3,685 hours · 2016–2019 model years

Full price guide →

What are the key differences between 242D3 and 299D2?

  • Price: The 242D3 is $4,079 cheaper on average (8% savings).
  • Usage: Used 242D3s average 1,362 hours while 299D2s average 3,685 hours.

Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a 242D3 or 299D2? Check current listings with Deal Scores.

Which is the better value: 242D3 or 299D2?

Choose the Caterpillar 299D2 if:

  • You prefer Caterpillar's dealer network and parts availability

How do 242D3 and 299D2 prices compare by year?

Caterpillar 242D3 vs Caterpillar 299D2 prices by model year (CAD)
Year Caterpillar 242D3 Caterpillar 299D2
2022 $11,040 (1)
2021 $59,122 (4)
2020 $42,756 (4)
2019 $51,364 (17)
2018 $50,472 (35)
2017 $59,661 (28)
2016 $40,263 (30)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 242D3 and 299D2 prices compare by hours?

Caterpillar 242D3 vs Caterpillar 299D2 prices by hours (CAD)
Hours Caterpillar 242D3 Caterpillar 299D2
0-999 hrs $73,117 (2) $106,250 (4)
1,000-1,999 hrs $52,417 (4) $72,396 (6)
2,000-2,999 hrs $25,806 (2) $45,600 (20)
3,000-3,999 hrs $54,774 (34)
4,000+ hrs $44,653 (44)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 242D3 or 299D2 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.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.

Get a Price Quote on Caterpillar 299D2

We'll send you current pricing and available units. No spam.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.