Caterpillar 242D vs John Deere 324G: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $22,475 difference. Based on 23 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $22,475 less than the 324G.
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 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 242D and 324G specs compare?
| Spec | Caterpillar 242D | 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 242D and 324G?
- Price: The 242D is $22,475 cheaper on average (49% savings).
- Usage: Used 242Ds average 3,839 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 242D or 324G? Check current listings with Deal Scores.
Which is the better value: 242D or 324G?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($22,475 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 242D and 324G prices compare by year?
| Year | Caterpillar 242D | John Deere 324G |
|---|---|---|
| 2023 | — | $71,376 (2) |
| 2022 | — | $26,834 (2) |
| 2021 | — | $36,844 (4) |
| 2019 | — | $54,181 (3) |
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 324G prices compare by hours?
| Hours | Caterpillar 242D | John Deere 324G |
|---|---|---|
| 0-999 hrs | — | $70,114 (4) |
| 2,000-2,999 hrs | $26,090 (6) | $35,267 (3) |
| 3,000-3,999 hrs | $24,234 (4) | $26,834 (2) |
| 4,000+ hrs | $14,593 (2) | $33,207 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 324G in Canada?
Caterpillar 242D
All Caterpillar 242D listings →More Comparisons
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