Caterpillar 242D3 vs John Deere 332D: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $22,556 for the John Deere 332D. That's a $23,949 difference. Based on 35 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 332D is the better value buy for most Canadian buyers, averaging $23,949 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 332D
SSL$22,556 CAD avg
$5,313
Low
$44,166
High
26
Sales
Avg 4,055 hours · 2010–2013 model years
Full price guide →What are the key differences between 242D3 and 332D?
- Price: The 332D is $23,949 cheaper on average (51% savings).
- Usage: Used 242D3s average 1,362 hours while 332Ds average 4,055 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 332D? Check current listings with Deal Scores.
Which is the better value: 242D3 or 332D?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 332D if:
- You want lower upfront cost ($23,949 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D3 and 332D prices compare by year?
| Year | Caterpillar 242D3 | John Deere 332D |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2013 | — | $8,195 (10) |
| 2012 | — | $33,020 (4) |
| 2011 | — | $23,818 (2) |
| 2010 | — | $32,479 (10) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 332D prices compare by hours?
| Hours | Caterpillar 242D3 | John Deere 332D |
|---|---|---|
| 0-999 hrs | $73,117 (2) | — |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $32,611 (4) |
| 3,000-3,999 hrs | — | $28,637 (8) |
| 4,000+ hrs | — | $14,652 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 332D in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →John Deere 332D
No active listings right now.
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