Caterpillar 242D3 vs Takeuchi TL150: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $22,659 for the Takeuchi TL150. That's a $23,847 difference. Based on 21 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL150 is the better value buy for most Canadian buyers, averaging $23,847 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 →Takeuchi TL150
CTL$22,659 CAD avg
$5,008
Low
$37,191
High
12
Sales
Avg 2,928 hours · 2003–2007 model years
Full price guide →What are the key differences between 242D3 and TL150?
- Price: The TL150 is $23,847 cheaper on average (51% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while TL150 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242D3s average 1,362 hours while TL150s average 2,928 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or TL150? Check current listings with Deal Scores.
Which is the better value: 242D3 or TL150?
Choose the Caterpillar 242D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL150 if:
- You want lower upfront cost ($23,847 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 242D3 and TL150 prices compare by year?
| Year | Caterpillar 242D3 | Takeuchi TL150 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2007 | — | $30,669 (2) |
| 2006 | — | $32,855 (2) |
| 2005 | — | $24,518 (2) |
| 2004 | — | $21,995 (2) |
| 2003 | — | $20,149 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and TL150 prices compare by hours?
| Hours | Caterpillar 242D3 | Takeuchi TL150 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $5,768 (2) |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $22,333 (4) |
| 3,000-3,999 hrs | — | $27,425 (4) |
| 4,000+ hrs | — | $30,669 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or TL150 in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →Takeuchi TL150
No active listings right now.
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