Caterpillar 242D3 vs New Holland L230: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $30,681 for the New Holland L230. That's a $15,825 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L230 is the better value buy for most Canadian buyers, averaging $15,825 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 L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →What are the key differences between 242D3 and L230?
- Price: The L230 is $15,825 cheaper on average (34% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or L230? Check current listings with Deal Scores.
Which is the better value: 242D3 or L230?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You want lower upfront cost ($15,825 savings)
- You prefer New Holland's dealer network and parts availability
How do 242D3 and L230 prices compare by year?
| Year | Caterpillar 242D3 | New Holland L230 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2017 | — | $62,780 (2) |
| 2015 | — | $32,746 (4) |
| 2014 | — | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and L230 prices compare by hours?
| Hours | Caterpillar 242D3 | New Holland L230 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $43,282 (6) |
| 1,000-1,999 hrs | $52,417 (4) | $31,068 (10) |
| 2,000-2,999 hrs | $25,806 (2) | $31,179 (4) |
| 3,000-3,999 hrs | — | $28,108 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or L230 in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →New Holland L230
No active listings right now.
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