Caterpillar 242D3 vs New Holland C238: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $41,158 for the New Holland C238. That's a $5,347 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland C238 is the better value buy for most Canadian buyers, averaging $5,347 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 C238
CTL$41,158 CAD avg
$1,745
Low
$67,805
High
28
Sales
Avg 1,529 hours · 2011–2016 model years
Full price guide →How do 242D3 and C238 specs compare?
| Spec | Caterpillar 242D3 | New Holland C238 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 3,200 lbs |
| Operating Weight | — | 10,760 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 242D3 and C238?
- Price: The C238 is $5,347 cheaper on average (11% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while C238 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 C238? Check current listings with Deal Scores.
Which is the better value: 242D3 or C238?
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 C238 if:
- You want lower upfront cost ($5,347 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 242D3 and C238 prices compare by year?
| Year | Caterpillar 242D3 | New Holland C238 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2016 | — | $40,115 (4) |
| 2015 | — | $51,282 (10) |
| 2014 | — | $43,797 (4) |
| 2012 | — | $31,318 (6) |
| 2011 | — | $30,680 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and C238 prices compare by hours?
| Hours | Caterpillar 242D3 | New Holland C238 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $54,420 (6) |
| 1,000-1,999 hrs | $52,417 (4) | $45,475 (12) |
| 2,000-2,999 hrs | $25,806 (2) | $35,857 (6) |
| 3,000-3,999 hrs | — | $30,680 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or C238 in Canada?
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