Caterpillar 242B vs John Deere 328E: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $37,507 for the John Deere 328E. That's a $18,742 difference. Based on 28 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 $18,742 less than the 328E.
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 328E
SSL$37,507 CAD avg
$33,396
Low
$42,098
High
6
Sales
Avg 1,714 hours · 2014–2015 model years
Full price guide →What are the key differences between 242B and 328E?
- Price: The 242B is $18,742 cheaper on average (50% savings).
- Usage: Used 242Bs average 3,523 hours while 328Es average 1,714 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 328E? Check current listings with Deal Scores.
Which is the better value: 242B or 328E?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($18,742 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 328E if:
- You prefer John Deere's dealer network and parts availability
How do 242B and 328E prices compare by year?
| Year | Caterpillar 242B | John Deere 328E |
|---|---|---|
| 2015 | — | $40,403 (2) |
| 2014 | — | $36,059 (4) |
| 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 328E prices compare by hours?
| Hours | Caterpillar 242B | John Deere 328E |
|---|---|---|
| 0-999 hrs | — | $40,403 (2) |
| 1,000-1,999 hrs | $19,840 (4) | $36,462 (2) |
| 2,000-2,999 hrs | $24,793 (4) | $35,657 (2) |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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