Caterpillar 242B3 vs John Deere 318E: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $31,600 for the John Deere 318E. That's a $5,271 difference. Based on 18 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B3 is the better value buy for most Canadian buyers, averaging $5,271 less than the 318E.
Caterpillar 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 model years
Full price guide →John Deere 318E
SSL$31,600 CAD avg
$22,770
Low
$45,679
High
10
Sales
Avg 880 hours · 2014–2015 model years
Full price guide →What are the key differences between 242B3 and 318E?
- Price: The 242B3 is $5,271 cheaper on average (17% savings).
- Usage: Used 242B3s average 1,852 hours while 318Es average 880 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or 318E? Check current listings with Deal Scores.
Which is the better value: 242B3 or 318E?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($5,271 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318E if:
- You prefer John Deere's dealer network and parts availability
How do 242B3 and 318E prices compare by year?
| Year | Caterpillar 242B3 | John Deere 318E |
|---|---|---|
| 2015 | — | $34,846 (6) |
| 2014 | — | $26,732 (4) |
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and 318E prices compare by hours?
| Hours | Caterpillar 242B3 | John Deere 318E |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $32,867 (8) |
| 1,000-1,999 hrs | $25,297 (4) | $26,534 (2) |
| 4,000+ hrs | $28,690 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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