Caterpillar 242D3 vs Takeuchi TL230: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $25,577 for the Takeuchi TL230. That's a $20,928 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL230 is the better value buy for most Canadian buyers, averaging $20,928 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 TL230
CTL$25,577 CAD avg
$18,764
Low
$35,673
High
6
Sales
Avg 2,495 hours · 2011–2011 model years
Full price guide →What are the key differences between 242D3 and TL230?
- Price: The TL230 is $20,928 cheaper on average (45% savings).
- Track Type: 242D3 is a wheeled skid steer (SSL) while TL230 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 TL230s average 2,495 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or TL230? Check current listings with Deal Scores.
Which is the better value: 242D3 or TL230?
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 TL230 if:
- You want lower upfront cost ($20,928 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 242D3 and TL230 prices compare by year?
| Year | Caterpillar 242D3 | Takeuchi TL230 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2011 | — | $26,632 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and TL230 prices compare by hours?
| Hours | Caterpillar 242D3 | Takeuchi TL230 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | — |
| 1,000-1,999 hrs | $52,417 (4) | $23,467 (2) |
| 2,000-2,999 hrs | $25,806 (2) | — |
| 3,000-3,999 hrs | — | $30,601 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or TL230 in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →Takeuchi TL230
No active listings right now.
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