Caterpillar 242B3 vs John Deere 324G: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $19,701 difference. Based on 19 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 $19,701 less than the 324G.
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 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 242B3 and 324G specs compare?
| Spec | Caterpillar 242B3 | 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 242B3 and 324G?
- Price: The 242B3 is $19,701 cheaper on average (43% savings).
- Usage: Used 242B3s average 1,852 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 242B3 or 324G? Check current listings with Deal Scores.
Which is the better value: 242B3 or 324G?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($19,701 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 242B3 and 324G prices compare by year?
| Year | Caterpillar 242B3 | John Deere 324G |
|---|---|---|
| 2023 | — | $71,376 (2) |
| 2022 | — | $26,834 (2) |
| 2021 | — | $36,844 (4) |
| 2019 | — | $54,181 (3) |
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and 324G prices compare by hours?
| Hours | Caterpillar 242B3 | John Deere 324G |
|---|---|---|
| 0-999 hrs | $26,032 (2) | $70,114 (4) |
| 1,000-1,999 hrs | $25,297 (4) | — |
| 2,000-2,999 hrs | — | $35,267 (3) |
| 3,000-3,999 hrs | — | $26,834 (2) |
| 4,000+ hrs | $28,690 (2) | $33,207 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242B3 or 324G in Canada?
Caterpillar 242B3
No active listings right now.
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