Caterpillar 242B3 vs John Deere 320: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $17,566 for the John Deere 320. That's a $8,762 difference. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 320 is the better value buy for most Canadian buyers, averaging $8,762 less than the 242B3.
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 320
CTL$17,566 CAD avg
$7,286
Low
$27,192
High
32
Sales
Avg 2,313 hours · 2005–2009 model years
Full price guide →What are the key differences between 242B3 and 320?
- Price: The 320 is $8,762 cheaper on average (33% savings).
- Track Type: 242B3 is a wheeled skid steer (SSL) while 320 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 242B3s average 1,852 hours while 320s average 2,313 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or 320? Check current listings with Deal Scores.
Which is the better value: 242B3 or 320?
Choose the Caterpillar 242B3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 320 if:
- You want lower upfront cost ($8,762 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
How do 242B3 and 320 prices compare by year?
| Year | Caterpillar 242B3 | John Deere 320 |
|---|---|---|
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
| 2009 | — | $23,374 (2) |
| 2007 | — | $15,062 (4) |
| 2006 | — | $16,678 (12) |
| 2005 | — | $18,792 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and 320 prices compare by hours?
| Hours | Caterpillar 242B3 | John Deere 320 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $14,990 (4) |
| 1,000-1,999 hrs | $25,297 (4) | $22,521 (10) |
| 2,000-2,999 hrs | — | $16,504 (8) |
| 3,000-3,999 hrs | — | $15,281 (6) |
| 4,000+ hrs | $28,690 (2) | $17,681 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B3 or 320 in Canada?
Caterpillar 242B3
No active listings right now.
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