Caterpillar 242D3 vs New Holland L175: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $24,980 for the New Holland L175. That's a $21,525 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L175 is the better value buy for most Canadian buyers, averaging $21,525 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 L175
SSL$24,980 CAD avg
$13,054
Low
$46,780
High
6
Sales
Avg 1,286 hours · 2008–2009 model years
Full price guide →What are the key differences between 242D3 and L175?
- Price: The L175 is $21,525 cheaper on average (46% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or L175? Check current listings with Deal Scores.
Which is the better value: 242D3 or L175?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L175 if:
- You want lower upfront cost ($21,525 savings)
- You prefer New Holland's dealer network and parts availability
How do 242D3 and L175 prices compare by year?
| Year | Caterpillar 242D3 | New Holland L175 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2009 | — | $13,240 (2) |
| 2008 | — | $18,577 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and L175 prices compare by hours?
| Hours | Caterpillar 242D3 | New Holland L175 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $43,124 (2) |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $18,577 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or L175 in Canada?
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