Caterpillar 242B vs John Deere 324G: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $27,266 difference. Based on 33 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 $27,266 less than the 324G.
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 324G
SSL$46,031 CAD avg
$24,839
Low
$75,202
High
11
Sales
Avg 2,315 hours · 2019–2023 model years
Full price guide →How do 242B and 324G specs compare?
| Spec | Caterpillar 242B | John Deere 324G |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,400 lbs |
| Operating Weight | — | 7,640 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 242B and 324G?
- Price: The 242B is $27,266 cheaper on average (59% savings).
- Usage: Used 242Bs average 3,523 hours while 324Gs average 2,315 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 324G? Check current listings with Deal Scores.
Which is the better value: 242B or 324G?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($27,266 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 324G if:
- You prefer John Deere's dealer network and parts availability
How do 242B and 324G prices compare by year?
| Year | Caterpillar 242B | John Deere 324G |
|---|---|---|
| 2023 | — | $71,376 (2) |
| 2022 | — | $26,834 (2) |
| 2021 | — | $36,844 (4) |
| 2019 | — | $54,181 (3) |
| 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 324G prices compare by hours?
| Hours | Caterpillar 242B | John Deere 324G |
|---|---|---|
| 0-999 hrs | — | $70,114 (4) |
| 1,000-1,999 hrs | $19,840 (4) | — |
| 2,000-2,999 hrs | $24,793 (4) | $35,267 (3) |
| 3,000-3,999 hrs | — | $26,834 (2) |
| 4,000+ hrs | $21,238 (8) | $33,207 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 324G in Canada?
Caterpillar 242B
No active listings right now.
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