Caterpillar 242D3 vs New Holland L785: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $10,966 for the New Holland L785. That's a $35,539 difference. Based on 17 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L785 is the better value buy for most Canadian buyers, averaging $35,539 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 L785
SSL$10,966 CAD avg
$6,982
Low
$13,686
High
8
Sales
Avg 4,186 hours · 1990–1994 model years
Full price guide →What are the key differences between 242D3 and L785?
- Price: The L785 is $35,539 cheaper on average (76% savings).
- Usage: Used 242D3s average 1,362 hours while L785s average 4,186 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or L785? Check current listings with Deal Scores.
Which is the better value: 242D3 or L785?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L785 if:
- You want lower upfront cost ($35,539 savings)
- You prefer New Holland's dealer network and parts availability
How do 242D3 and L785 prices compare by year?
| Year | Caterpillar 242D3 | New Holland L785 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 1994 | — | $13,446 (2) |
| 1990 | — | $11,756 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and L785 prices compare by hours?
| Hours | Caterpillar 242D3 | New Holland L785 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | — |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | — |
| 3,000-3,999 hrs | — | $12,272 (4) |
| 4,000+ hrs | — | $9,660 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or L785 in Canada?
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