Caterpillar 242B vs John Deere 332G: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $32,320 for the John Deere 332G. That's a $13,555 difference. Based on 38 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 $13,555 less than the 332G.
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 332G
SSL$32,320 CAD avg
$14,572
Low
$43,182
High
16
Sales
Avg 4,491 hours · 2016–2021 model years
Full price guide →How do 242B and 332G specs compare?
| Spec | Caterpillar 242B | John Deere 332G |
|---|---|---|
| Horsepower | — | 100 hp |
| Rated Operating Capacity | — | 3,550 lbs |
| Operating Weight | — | 9,880 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 242B and 332G?
- Price: The 242B is $13,555 cheaper on average (42% savings).
- Usage: Used 242Bs average 3,523 hours while 332Gs average 4,491 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 332G? Check current listings with Deal Scores.
Which is the better value: 242B or 332G?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($13,555 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 332G if:
- You prefer John Deere's dealer network and parts availability
How do 242B and 332G prices compare by year?
| Year | Caterpillar 242B | John Deere 332G |
|---|---|---|
| 2021 | — | $40,945 (2) |
| 2020 | — | $39,573 (2) |
| 2019 | — | $22,685 (2) |
| 2018 | — | $31,918 (2) |
| 2016 | — | $15,613 (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 332G prices compare by hours?
| Hours | Caterpillar 242B | John Deere 332G |
|---|---|---|
| 1,000-1,999 hrs | $19,840 (4) | $39,573 (2) |
| 2,000-2,999 hrs | $24,793 (4) | $40,945 (2) |
| 3,000-3,999 hrs | — | $31,918 (2) |
| 4,000+ hrs | $21,238 (8) | $29,225 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B or 332G in Canada?
Caterpillar 242B
No active listings right now.
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