Caterpillar 345B vs John Deere 324G: Which Is the Better Value?

| Based on 17 verified Canadian auction sales

The Caterpillar 345B averages $9,075 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $36,955 difference. Based on 17 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 $36,955 less than the 324G.

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 324G

SSL

$46,031 CAD avg

$24,839

Low

$75,202

High

11

Sales

Avg 2,315 hours · 2019–2023 model years

Full price guide →

How do 345B and 324G specs compare?

Caterpillar 345B vs John Deere 324G specifications comparison
Spec Caterpillar 345B John Deere 324G
Horsepower 74 hp
Rated Operating Capacity 2,400 lbs
Operating Weight 7,640 lbs
Lift Type vertical
Frame Size mid
High Flow 1 gpm

What are the key differences between 345B and 324G?

  • Price: The 345B is $36,955 cheaper on average (80% savings).
  • Usage: Used 345Bs average 48 hours while 324Gs average 2,315 hours.

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

Looking for a 345B or 324G? Check current listings with Deal Scores.

Which is the better value: 345B or 324G?

Choose the John Deere 324G if:

  • You prefer John Deere's dealer network and parts availability

How do 345B and 324G prices compare by year?

Caterpillar 345B vs John Deere 324G prices by model year (CAD)
Year Caterpillar 345B John Deere 324G
2023 $71,376 (2)
2022 $26,834 (2)
2021 $36,844 (4)
2019 $54,181 (3)
2015 $8,480 (4)

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

How do 345B and 324G prices compare by hours?

Caterpillar 345B vs John Deere 324G prices by hours (CAD)
Hours Caterpillar 345B John Deere 324G
0-999 hrs $4,836 (2) $70,114 (4)
2,000-2,999 hrs $35,267 (3)
3,000-3,999 hrs $26,834 (2)
4,000+ hrs $33,207 (2)

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

Where can I buy a 345B or 324G in Canada?

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