Caterpillar 242D3 vs Morbark 700H: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $10,511 for the Morbark 700H. That's a $35,995 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Morbark 700H is the better value buy for most Canadian buyers, averaging $35,995 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 →Morbark 700H
$10,511 CAD avg
$9,259
Low
$11,610
High
6
Sales
Avg 907 hours · 2017–2018 model years
Full price guide →What are the key differences between 242D3 and 700H?
- Price: The 700H is $35,995 cheaper on average (77% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while 700H is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242D3s average 1,362 hours while 700Hs average 907 hours.
Both Caterpillar and Morbark retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 700H? Check current listings with Deal Scores.
Which is the better value: 242D3 or 700H?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Morbark 700H if:
- You want lower upfront cost ($35,995 savings)
- You prefer Morbark's dealer network and parts availability
How do 242D3 and 700H prices compare by year?
| Year | Caterpillar 242D3 | Morbark 700H |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2018 | — | $11,194 (2) |
| 2017 | — | $10,169 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 700H prices compare by hours?
| Hours | Caterpillar 242D3 | Morbark 700H |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $10,406 (4) |
| 1,000-1,999 hrs | $52,417 (4) | $10,721 (2) |
| 2,000-2,999 hrs | $25,806 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 700H in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →Morbark 700H
No active listings right now.
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