Caterpillar 345B vs John Deere 332G: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $32,320 for the John Deere 332G. That's a $23,244 difference. Based on 22 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 $23,244 less than the 332G.
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 332G
SSL$32,320 CAD avg
$14,572
Low
$43,182
High
16
Sales
Avg 4,491 hours · 2016–2021 model years
Full price guide →How do 345B and 332G specs compare?
| Spec | Caterpillar 345B | John Deere 332G |
|---|---|---|
| Horsepower | — | 100 hp |
| Rated Operating Capacity | — | 3,550 lbs |
| Operating Weight | — | 9,880 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 345B and 332G?
- Price: The 345B is $23,244 cheaper on average (72% savings).
- Usage: Used 345Bs average 48 hours while 332Gs average 4,491 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 332G? Check current listings with Deal Scores.
Which is the better value: 345B or 332G?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($23,244 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 332G if:
- You prefer John Deere's dealer network and parts availability
How do 345B and 332G prices compare by year?
| Year | Caterpillar 345B | John Deere 332G |
|---|---|---|
| 2021 | — | $40,945 (2) |
| 2020 | — | $39,573 (2) |
| 2019 | — | $22,685 (2) |
| 2018 | — | $31,918 (2) |
| 2016 | — | $15,613 (2) |
| 2015 | $8,480 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 332G prices compare by hours?
| Hours | Caterpillar 345B | John Deere 332G |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 1,000-1,999 hrs | — | $39,573 (2) |
| 2,000-2,999 hrs | — | $40,945 (2) |
| 3,000-3,999 hrs | — | $31,918 (2) |
| 4,000+ hrs | — | $29,225 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or 332G in Canada?
Caterpillar 345B
No active listings right now.
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