Caterpillar 242D vs John Deere T332: Which Is the Better Value?
The Caterpillar 242D averages $23,555 CAD at auction, compared to $26,777 for the John Deere T332. That's a $3,221 difference. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,221 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 T332
SSL$26,777 CAD avg
$3,263
Low
$47,206
High
28
Sales
Avg 2,856 hours · 2006–2009 model years
Full price guide →What are the key differences between 242D and T332?
- Price: The 242D is $3,221 cheaper on average (12% savings).
- Usage: Used 242Ds average 3,839 hours while T332s average 2,856 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D or T332? Check current listings with Deal Scores.
Which is the better value: 242D or T332?
Choose the Caterpillar 242D if:
- You want lower upfront cost ($3,221 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere T332 if:
- You prefer John Deere's dealer network and parts availability
How do 242D and T332 prices compare by year?
| Year | Caterpillar 242D | John Deere T332 |
|---|---|---|
| 2018 | $33,730 (2) | — |
| 2016 | $14,593 (2) | — |
| 2015 | $22,270 (4) | — |
| 2014 | $24,234 (4) | — |
| 2009 | — | $33,865 (4) |
| 2008 | — | $32,168 (10) |
| 2007 | — | $25,043 (8) |
| 2006 | — | $15,379 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D and T332 prices compare by hours?
| Hours | Caterpillar 242D | John Deere T332 |
|---|---|---|
| 0-999 hrs | — | $20,400 (4) |
| 2,000-2,999 hrs | $26,090 (6) | $33,015 (6) |
| 3,000-3,999 hrs | $24,234 (4) | $33,498 (10) |
| 4,000+ hrs | $14,593 (2) | $21,394 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D or T332 in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242D
We'll send you current pricing and available units. No spam.
Get a Price Quote on John Deere T332
We'll send you current pricing and available units. No spam.