Caterpillar 242B vs John Deere T332: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $26,777 for the John Deere T332. That's a $8,012 difference. Based on 50 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 $8,012 less than the T332.
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 T332
SSL$26,777 CAD avg
$3,263
Low
$47,206
High
28
Sales
Avg 2,856 hours · 2006–2009 model years
Full price guide →What are the key differences between 242B and T332?
- Price: The 242B is $8,012 cheaper on average (30% savings).
- Usage: Used 242Bs average 3,523 hours while T332s average 2,856 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or T332? Check current listings with Deal Scores.
Which is the better value: 242B or T332?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($8,012 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere T332 if:
- You prefer John Deere's dealer network and parts availability
How do 242B and T332 prices compare by year?
| Year | Caterpillar 242B | John Deere T332 |
|---|---|---|
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2009 | — | $33,865 (4) |
| 2008 | $29,111 (2) | $32,168 (10) |
| 2007 | — | $25,043 (8) |
| 2006 | $27,942 (2) | $15,379 (6) |
| 2005 | $16,962 (10) | — |
| 2004 | $13,874 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and T332 prices compare by hours?
| Hours | Caterpillar 242B | John Deere T332 |
|---|---|---|
| 0-999 hrs | — | $20,400 (4) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $33,015 (6) |
| 3,000-3,999 hrs | — | $33,498 (10) |
| 4,000+ hrs | $21,238 (8) | $21,394 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or T332 in Canada?
Caterpillar 242B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242B
We'll send you current pricing and available units. No spam.
Get a Price Quote on John Deere T332
We'll send you current pricing and available units. No spam.