Caterpillar 242B vs John Deere 320E: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $30,760 for the John Deere 320E. That's a $11,995 difference. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $11,995 less than the 320E.
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 320E
SSL$30,760 CAD avg
$18,216
Low
$46,043
High
18
Sales
Avg 1,796 hours · 2014–2017 model years
Full price guide →What are the key differences between 242B and 320E?
- Price: The 242B is $11,995 cheaper on average (39% savings).
- Usage: Used 242Bs average 3,523 hours while 320Es average 1,796 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 320E? Check current listings with Deal Scores.
Which is the better value: 242B or 320E?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($11,995 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 320E if:
- You prefer John Deere's dealer network and parts availability
How do 242B and 320E prices compare by year?
| Year | Caterpillar 242B | John Deere 320E |
|---|---|---|
| 2017 | — | $33,925 (4) |
| 2015 | — | $28,214 (6) |
| 2014 | — | $31,087 (8) |
| 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 320E prices compare by hours?
| Hours | Caterpillar 242B | John Deere 320E |
|---|---|---|
| 0-999 hrs | — | $41,722 (2) |
| 1,000-1,999 hrs | $19,840 (4) | $33,821 (8) |
| 2,000-2,999 hrs | $24,793 (4) | $24,958 (8) |
| 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 320E in Canada?
Caterpillar 242B
No active listings right now.
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