Caterpillar 345B vs John Deere 332E: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $21,699 for the John Deere 332E. That's a $12,623 difference. Based on 16 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 $12,623 less than the 332E.
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 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 345B and 332E?
- Price: The 345B is $12,623 cheaper on average (58% savings).
- Usage: Used 345Bs average 48 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 345B or 332E? Check current listings with Deal Scores.
Which is the better value: 345B or 332E?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($12,623 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 345B and 332E prices compare by year?
| Year | Caterpillar 345B | John Deere 332E |
|---|---|---|
| 2016 | — | $14,698 (2) |
| 2015 | $8,480 (4) | $22,613 (2) |
| 2014 | — | $28,349 (4) |
| 2013 | — | $14,488 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 332E prices compare by hours?
| Hours | Caterpillar 345B | John Deere 332E |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 1,000-1,999 hrs | — | $28,349 (4) |
| 4,000+ hrs | — | $18,655 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or 332E in Canada?
Caterpillar 345B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 345B
We'll send you current pricing and available units. No spam.
Get a Price Quote on John Deere 332E
We'll send you current pricing and available units. No spam.