Caterpillar 242D3 vs John Deere T332: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $26,777 for the John Deere T332. That's a $19,728 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere T332 is the better value buy for most Canadian buyers, averaging $19,728 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 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 242D3 and T332?
- Price: The T332 is $19,728 cheaper on average (42% savings).
- Usage: Used 242D3s average 1,362 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 242D3 or T332? Check current listings with Deal Scores.
Which is the better value: 242D3 or T332?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere T332 if:
- You want lower upfront cost ($19,728 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D3 and T332 prices compare by year?
| Year | Caterpillar 242D3 | John Deere T332 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (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 242D3 and T332 prices compare by hours?
| Hours | Caterpillar 242D3 | John Deere T332 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $20,400 (4) |
| 1,000-1,999 hrs | $52,417 (4) | — |
| 2,000-2,999 hrs | $25,806 (2) | $33,015 (6) |
| 3,000-3,999 hrs | — | $33,498 (10) |
| 4,000+ hrs | — | $21,394 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or T332 in Canada?
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