Skid Steers
The Caterpillar 242D3 is a popular skid steer used across construction, excavation, and site work.
Estimated fair market value in good condition
2023 Model
3 years old
$28,000–$38,000
2021 Model
5 years old
$21,000–$28,500
2018 Model
8 years old
$9,500–$13,000
* Estimates based on MSRP depreciation. Actual value depends on hours, condition, and market.Get an exact valuation →
| Horsepower | 74 HP |
| Operating Weight | 7,300 lbs |
| Year Range | 2019–2025 |
| Base MSRP (New) | $50,000 |
| Avg Annual Hours | 700 hrs/yr |
| Bucket Capacity | 0.5 yd³ |
Common problem areas reported by owners and service technicians.
Common attachments that can add significant value to this machine.
Include your attachments when you request a valuation for a more accurate estimate.
Average usage is ~700 hours/year. Lower hours command a premium, while machines over 5,600 hours see steeper discounts.
Excellent condition machines can bring 15-25% more than average units. Structural damage, leaks, and worn undercarriage reduce value significantly.
Regional demand, transportation costs, and local construction activity all affect pricing. Markets in the South and Midwest typically see higher demand.
Attachments like Bucket and forks add value. Include them in your valuation for a complete picture.
Documented maintenance history with dealer records can add 5-10% to the value. Unknown service history creates buyer hesitation and lowers offers.
Production years 2019–2025. Newer emissions-compliant models (Tier 4 Final) generally retain value better than older generations.
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Other skid steers we cover in our valuation database.