Caterpillar 242D vs John Deere 332E: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $21,699 for the John Deere 332E. That's a $1,856 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,856 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 332E
SSL$21,699 CAD avg
$13,813
Low
$36,680
High
10
Sales
Avg 4,298 hours · 2013–2016 model years
Full price guide →What are the key differences between 242D and 332E?
- Price: The 332E is $1,856 cheaper on average (8% savings).
- Usage: Used 242Ds average 3,839 hours while 332Es average 4,298 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or 332E? Check current listings with Deal Scores.
Which is the better value: 242D or 332E?
Choose the Caterpillar 242D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 332E if:
- You want lower upfront cost ($1,856 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D and 332E prices compare by year?
| Year | Caterpillar 242D | John Deere 332E |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | $14,698 (2) |
| 2015 | $22,270 (4) | $22,613 (2) |
| 2014 | $24,234 (4) | $28,349 (4) |
| 2013 | — | $14,488 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and 332E prices compare by hours?
| Hours | Caterpillar 242D | John Deere 332E |
|---|---|---|
| 1,000-1,999 hrs | — | $28,349 (4) |
| 2,000-2,999 hrs | $26,090 (6) | — |
| 3,000-3,999 hrs | $24,234 (4) | — |
| 4,000+ hrs | $14,593 (2) | $18,655 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or 332E in Canada?
Caterpillar 242D
All Caterpillar 242D listings →More Comparisons
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