Caterpillar 242D3 vs John Deere 322: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $22,762 for the John Deere 322. That's a $23,743 difference. Based on 47 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 322 is the better value buy for most Canadian buyers, averaging $23,743 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 322
SSL$22,762 CAD avg
$758
Low
$40,832
High
38
Sales
Avg 2,875 hours · 2006–2008 model years
Full price guide →What are the key differences between 242D3 and 322?
- Price: The 322 is $23,743 cheaper on average (51% savings).
- Usage: Used 242D3s average 1,362 hours while 322s average 2,875 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 322? Check current listings with Deal Scores.
Which is the better value: 242D3 or 322?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 322 if:
- You want lower upfront cost ($23,743 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D3 and 322 prices compare by year?
| Year | Caterpillar 242D3 | John Deere 322 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2008 | — | $23,011 (8) |
| 2007 | — | $22,613 (12) |
| 2006 | — | $23,331 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 322 prices compare by hours?
| Hours | Caterpillar 242D3 | John Deere 322 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $14,399 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $20,161 (6) |
| 2,000-2,999 hrs | $25,806 (2) | $29,909 (12) |
| 3,000-3,999 hrs | — | $21,877 (8) |
| 4,000+ hrs | — | $23,514 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 322 in Canada?
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