Caterpillar 242D3 vs New Holland C227: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $31,504 for the New Holland C227. That's a $15,001 difference. Based on 19 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland C227 is the better value buy for most Canadian buyers, averaging $15,001 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 →New Holland C227
CTL$31,504 CAD avg
$19,734
Low
$37,328
High
10
Sales
Avg 1,549 hours · 2011–2018 model years
Full price guide →How do 242D3 and C227 specs compare?
| Spec | Caterpillar 242D3 | New Holland C227 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,100 lbs |
| Operating Weight | — | 9,185 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 242D3 and C227?
- Price: The C227 is $15,001 cheaper on average (32% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while C227 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or C227? Check current listings with Deal Scores.
Which is the better value: 242D3 or C227?
Choose the Caterpillar 242D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C227 if:
- You want lower upfront cost ($15,001 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242D3 and C227 prices compare by year?
| Year | Caterpillar 242D3 | New Holland C227 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2018 | — | $35,246 (2) |
| 2014 | — | $34,728 (2) |
| 2012 | — | $35,741 (2) |
| 2011 | — | $25,902 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and C227 prices compare by hours?
| Hours | Caterpillar 242D3 | New Holland C227 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $34,728 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $33,340 (4) |
| 2,000-2,999 hrs | $25,806 (2) | $20,865 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or C227 in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →More Comparisons
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