Caterpillar 345B vs John Deere 332D: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $22,556 for the John Deere 332D. That's a $13,480 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 345B is the better value buy for most Canadian buyers, averaging $13,480 less than the 332D.
Caterpillar 345B
SSL$9,075 CAD avg
$4,705
Low
$12,295
High
6
Sales
Avg 48 hours · 2015–2015 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 345B and 332D?
- Price: The 345B is $13,480 cheaper on average (60% savings).
- Usage: Used 345Bs average 48 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 345B or 332D? Check current listings with Deal Scores.
Which is the better value: 345B or 332D?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($13,480 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 332D if:
- You prefer John Deere's dealer network and parts availability
How do 345B and 332D prices compare by year?
| Year | Caterpillar 345B | John Deere 332D |
|---|---|---|
| 2015 | $8,480 (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 345B and 332D prices compare by hours?
| Hours | Caterpillar 345B | John Deere 332D |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 2,000-2,999 hrs | — | $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.
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