Caterpillar 242B Price Guide – Canada 2026
The Caterpillar 242B is a skid steer loader manufactured by Caterpillar. Based on 22 verified Canadian auction sales, a used Caterpillar 242B is worth $7,286–$29,380 CAD as of March 2026, with an average sale price of $18,764 CAD.
Average
$18,764
Low
$7,286
High
$29,380
Avg Hours
3,523
What would a Caterpillar 242B cost per month?
At the average price of $18,764, estimated payments start around $346/mo with 10% down.
Based on 60 months at 8.5% APR. Actual rates vary.
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How much does a Caterpillar 242B cost by year?
How do hours affect Caterpillar 242B pricing?
| Hours | Avg Price (CAD) | Verified Sales |
|---|---|---|
| 1,000-2,000 hrs | $19,840 | 4 |
| 2,000-3,000 hrs | $24,793 | 4 |
| 3,000+ hrs | $21,238 | 8 |
Caterpillar 242B units with fewer than 1,000 hours average $19,840 CAD, while machines in the 2,000–3,000 hour range average $21,238 CAD. Lower hours generally command premium prices.
What other Caterpillar models are available?
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What attachments work with the Caterpillar 242B?
How does the Caterpillar 242B compare to competitors?
Caterpillar 242B Market Insights
Based on 22 verified auction sales in Canada, the Caterpillar 242B skid steer loader trades between $7,286 and $29,380 CAD. The average machine in our dataset has 3,523 hours.
Buyer tip: Look for units under 2,466 hours for better long-term value. Always verify hours with service records when possible.
