Caterpillar 242D vs John Deere 320: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $17,566 for the John Deere 320. That's a $5,988 difference. Based on 44 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 $5,988 less than the 242D.
Caterpillar 242D
SSL$23,555 CAD avg
$10,018
Low
$34,666
High
12
Sales
Avg 3,839 hours · 2014–2018 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 242D and 320?
- Price: The 320 is $5,988 cheaper on average (25% savings).
- Track Type: 242D 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 242Ds average 3,839 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 242D or 320? Check current listings with Deal Scores.
Which is the better value: 242D or 320?
Choose the Caterpillar 242D 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 ($5,988 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
How do 242D and 320 prices compare by year?
| Year | Caterpillar 242D | John Deere 320 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 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 242D and 320 prices compare by hours?
| Hours | Caterpillar 242D | John Deere 320 |
|---|---|---|
| 0-999 hrs | — | $14,990 (4) |
| 1,000-1,999 hrs | — | $22,521 (10) |
| 2,000-2,999 hrs | $26,090 (6) | $16,504 (8) |
| 3,000-3,999 hrs | $24,234 (4) | $15,281 (6) |
| 4,000+ hrs | $14,593 (2) | $17,681 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 320 in Canada?
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