Caterpillar 242D3 vs John Deere 320D: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $24,011 for the John Deere 320D. That's a $22,494 difference. Based on 31 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 320D is the better value buy for most Canadian buyers, averaging $22,494 less than the 242D3.
Caterpillar 242D3
SSL$46,506 CAD avg
$11,040
Low
$74,888
High
9
Sales
Avg 1,362 hours · 2020–2022 model years
Full price guide →John Deere 320D
SSL$24,011 CAD avg
$8,349
Low
$47,392
High
22
Sales
Avg 3,308 hours · 2010–2013 model years
Full price guide →What are the key differences between 242D3 and 320D?
- Price: The 320D is $22,494 cheaper on average (48% savings).
- Usage: Used 242D3s average 1,362 hours while 320Ds average 3,308 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 320D? Check current listings with Deal Scores.
Which is the better value: 242D3 or 320D?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 320D if:
- You want lower upfront cost ($22,494 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D3 and 320D prices compare by year?
| Year | Caterpillar 242D3 | John Deere 320D |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2013 | — | $18,782 (4) |
| 2012 | — | $25,466 (6) |
| 2011 | — | $27,160 (8) |
| 2010 | — | $20,759 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 320D prices compare by hours?
| Hours | Caterpillar 242D3 | John Deere 320D |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $46,466 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $24,422 (2) |
| 2,000-2,999 hrs | $25,806 (2) | $19,197 (8) |
| 3,000-3,999 hrs | — | $26,620 (6) |
| 4,000+ hrs | — | $18,292 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 320D in Canada?
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