Caterpillar 242D3 vs Mustang TL25: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $18,684 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Mustang TL25 is the better value buy for most Canadian buyers, averaging $18,684 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 →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →What are the key differences between 242D3 and TL25?
- Price: The TL25 is $18,684 cheaper on average (40% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while TL25 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 TL25s average 2,704 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or TL25? Check current listings with Deal Scores.
Which is the better value: 242D3 or TL25?
Choose the Caterpillar 242D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL25 if:
- You want lower upfront cost ($18,684 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do 242D3 and TL25 prices compare by year?
| Year | Caterpillar 242D3 | Mustang TL25 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and TL25 prices compare by hours?
| Hours | Caterpillar 242D3 | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $21,921 (2) |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $24,569 (2) |
| 4,000+ hrs | — | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or TL25 in Canada?
Caterpillar 242D3
2023 Caterpillar 242D3
2,128 hrs · Edmonton
$59,000 CAD
2023 Caterpillar 242D3
201 hrs · Regina
$72,000 CAD
Mustang TL25
No active listings right now.
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