Caterpillar 248B vs John Deere 332E: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $21,699 for the John Deere 332E. That's a $5,289 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 248B is the better value buy for most Canadian buyers, averaging $5,289 less than the 332E.
Caterpillar 248B
SSL$16,409 CAD avg
$7,286
Low
$28,841
High
16
Sales
Avg 4,803 hours · 2004–2007 model years
Full price guide →John Deere 332E
SSL$21,699 CAD avg
$13,813
Low
$36,680
High
10
Sales
Avg 4,298 hours · 2013–2016 model years
Full price guide →What are the key differences between 248B and 332E?
- Price: The 248B is $5,289 cheaper on average (24% savings).
- Usage: Used 248Bs average 4,803 hours while 332Es average 4,298 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or 332E? Check current listings with Deal Scores.
Which is the better value: 248B or 332E?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($5,289 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 332E if:
- You prefer John Deere's dealer network and parts availability
How do 248B and 332E prices compare by year?
| Year | Caterpillar 248B | John Deere 332E |
|---|---|---|
| 2016 | — | $14,698 (2) |
| 2015 | — | $22,613 (2) |
| 2014 | — | $28,349 (4) |
| 2013 | — | $14,488 (2) |
| 2007 | $18,337 (2) | — |
| 2006 | $13,251 (6) | — |
| 2005 | $17,812 (6) | — |
| 2004 | $19,747 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 248B and 332E prices compare by hours?
| Hours | Caterpillar 248B | John Deere 332E |
|---|---|---|
| 0-999 hrs | $22,270 (4) | — |
| 1,000-1,999 hrs | — | $28,349 (4) |
| 2,000-2,999 hrs | $18,337 (2) | — |
| 3,000-3,999 hrs | $14,322 (4) | — |
| 4,000+ hrs | $13,251 (6) | $18,655 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 248B or 332E in Canada?
Caterpillar 248B
No active listings right now.
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