Caterpillar 242B2 Price Guide – Canada 2026

| Based on 2 verified Canadian auction sales | Most recent sale: 2023-09-14

The Caterpillar 242B2 is a skid steer loader manufactured by Caterpillar. Based on 2 verified Canadian auction sales, a used Caterpillar 242B2 is worth $32,636–$34,008 CAD as of March 2026, with an average sale price of $33,322 CAD.

Average

$33,322

Low

$32,636

High

$34,008

Avg Hours

4,496

What would a Caterpillar 242B2 cost per month?

At the average price of $33,322, estimated payments start around $615/mo with 10% down.

Based on 60 months at 8.5% APR. Actual rates vary.

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How much does a Caterpillar 242B2 cost by year?

Caterpillar 242B2 prices by model year (CAD)
Year Avg Price (CAD) Verified Sales
2008 $33,322 2

How do hours affect Caterpillar 242B2 pricing?

Caterpillar 242B2 prices by hours (CAD)
Hours Avg Price (CAD) Verified Sales
3,000+ hrs $33,322 2

Lower hours generally means higher resale value.

What other Caterpillar models are available?

299D3 (294) 289D (219) 259D (196) 259D3 (182) 299D2 (167) 289D3 (132) 262D (111) 279D (84) 262D3 (65) 262C (63) 289C (59) 299D (53)

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What attachments work with the Caterpillar 242B2?

Pallet Forks

Buckets

Grapples

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How does the Caterpillar 242B2 compare to competitors?

vs Case 199 vs Bobcat S250 vs Caterpillar 289D vs Bobcat T770 vs Bobcat S185 vs Bobcat S650

Frequently Asked Questions

What is a fair price for a Caterpillar 242B2?
Based on 2+ verified auction results, a fair price for a Caterpillar 242B2 ranges from $32,636 to $34,008 CAD depending on year, hours, and condition. The average sale price is $33,322 CAD.
How much does a used Caterpillar 242B2 cost in Canada?
Based on 2 Canadian auction results, a used Caterpillar 242B2 sells for $32,636 to $34,008 CAD, averaging $33,322 CAD. Prices vary based on year, hours, and overall condition.
How many hours is too many on a Caterpillar 242B2?
The average Caterpillar 242B2 in our database has 4,496 hours. Generally, skid steers can run 6,000-10,000+ hours with proper maintenance. Units under 3,000 hours are considered low-hour machines. Always request service records and inspect the undercarriage .
Is the Caterpillar 242B2 a good machine?
The Caterpillar 242B2 is a popular choice with 2 units tracked in our Canadian auction database. Caterpillar machines are known for reliability and strong dealer support across Canada.
EFC Caterpillar 242B2 ~$615/mo Pre-Approve