Caterpillar 242B vs John Deere 316G: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $21,544 for the John Deere 316G. That's a $2,779 difference. Based on 27 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,779 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →John Deere 316G
SSL$21,544 CAD avg
$15,179
Low
$34,858
High
5
Sales
Avg 3,676 hours · 2016–2018 model years
Full price guide →What are the key differences between 242B and 316G?
- Price: The 242B is $2,779 cheaper on average (13% savings).
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 316G? Check current listings with Deal Scores.
Which is the better value: 242B or 316G?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($2,779 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 316G if:
- You prefer John Deere's dealer network and parts availability
How do 242B and 316G prices compare by year?
| Year | Caterpillar 242B | John Deere 316G |
|---|---|---|
| 2018 | — | $34,858 (1) |
| 2017 | — | $20,240 (2) |
| 2016 | — | $16,192 (2) |
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | — |
| 2006 | $27,942 (2) | — |
| 2005 | $16,962 (10) | — |
| 2004 | $13,874 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and 316G prices compare by hours?
| Hours | Caterpillar 242B | John Deere 316G |
|---|---|---|
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | — |
| 3,000-3,999 hrs | — | $21,544 (5) |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 316G in Canada?
Caterpillar 242B
No active listings right now.
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