Caterpillar 345B vs John Deere T332: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $26,777 for the John Deere T332. That's a $17,702 difference. Based on 34 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 $17,702 less than the T332.
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 T332
SSL$26,777 CAD avg
$3,263
Low
$47,206
High
28
Sales
Avg 2,856 hours · 2006–2009 model years
Full price guide →What are the key differences between 345B and T332?
- Price: The 345B is $17,702 cheaper on average (66% savings).
- Usage: Used 345Bs average 48 hours while T332s average 2,856 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or T332? Check current listings with Deal Scores.
Which is the better value: 345B or T332?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($17,702 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere T332 if:
- You prefer John Deere's dealer network and parts availability
How do 345B and T332 prices compare by year?
| Year | Caterpillar 345B | John Deere T332 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2009 | — | $33,865 (4) |
| 2008 | — | $32,168 (10) |
| 2007 | — | $25,043 (8) |
| 2006 | — | $15,379 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and T332 prices compare by hours?
| Hours | Caterpillar 345B | John Deere T332 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $20,400 (4) |
| 2,000-2,999 hrs | — | $33,015 (6) |
| 3,000-3,999 hrs | — | $33,498 (10) |
| 4,000+ hrs | — | $21,394 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or T332 in Canada?
Caterpillar 345B
No active listings right now.
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