Caterpillar 248B vs John Deere 320: Which Is the Better Value?

| Based on 48 verified Canadian auction sales

The Caterpillar 248B averages $16,409 CAD at auction, compared to $17,566 for the John Deere 320. That's a $1,156 difference. Based on 48 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $1,156 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

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 320

CTL

$17,566 CAD avg

$7,286

Low

$27,192

High

32

Sales

Avg 2,313 hours · 2005–2009 model years

Full price guide →

What are the key differences between 248B and 320?

  • Price: The 248B is $1,156 cheaper on average (7% savings).
  • Track Type: 248B is a wheeled skid steer (SSL) while 320 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 248Bs average 4,803 hours while 320s average 2,313 hours.

Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.

Looking for a 248B or 320? Check current listings with Deal Scores.

Which is the better value: 248B or 320?

Choose the John Deere 320 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer John Deere's dealer network and parts availability

How do 248B and 320 prices compare by year?

Caterpillar 248B vs John Deere 320 prices by model year (CAD)
Year Caterpillar 248B John Deere 320
2009 $23,374 (2)
2007 $18,337 (2) $15,062 (4)
2006 $13,251 (6) $16,678 (12)
2005 $17,812 (6) $18,792 (12)
2004 $19,747 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 248B and 320 prices compare by hours?

Caterpillar 248B vs John Deere 320 prices by hours (CAD)
Hours Caterpillar 248B John Deere 320
0-999 hrs $22,270 (4) $14,990 (4)
1,000-1,999 hrs $22,521 (10)
2,000-2,999 hrs $18,337 (2) $16,504 (8)
3,000-3,999 hrs $14,322 (4) $15,281 (6)
4,000+ hrs $13,251 (6) $17,681 (2)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 248B or 320 in Canada?

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