Caterpillar 242D3 vs John Deere 324E: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $18,833 for the John Deere 324E. That's a $27,672 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 324E is the better value buy for most Canadian buyers, averaging $27,672 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 324E
SSL$18,833 CAD avg
$9,563
Low
$27,141
High
6
Sales
Avg 1,328 hours · 2017–2017 model years
Full price guide →What are the key differences between 242D3 and 324E?
- Price: The 324E is $27,672 cheaper on average (60% savings).
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 324E? Check current listings with Deal Scores.
Which is the better value: 242D3 or 324E?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 324E if:
- You want lower upfront cost ($27,672 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D3 and 324E prices compare by year?
| Year | Caterpillar 242D3 | John Deere 324E |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2017 | — | $18,833 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 324E prices compare by hours?
| Hours | Caterpillar 242D3 | John Deere 324E |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $10,181 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $25,714 (2) |
| 2,000-2,999 hrs | $25,806 (2) | $20,605 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 324E in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →More Comparisons
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