John Deere 332E vs Mustang TL25: Which Is the Better Value?

| Based on 16 verified Canadian auction sales

The John Deere 332E averages $21,699 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $6,122 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The John Deere 332E is the better value buy for most Canadian buyers, averaging $6,122 less than the TL25.

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 →

Mustang TL25

CTL

$27,822 CAD avg

$21,831

Low

$37,191

High

6

Sales

Avg 2,704 hours · 2004–2005 model years

Full price guide →

What are the key differences between 332E and TL25?

  • Price: The 332E is $6,122 cheaper on average (22% savings).
  • Track Type: 332E is a wheeled skid steer (SSL) while TL25 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 332Es average 4,298 hours while TL25s average 2,704 hours.

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

Looking for a 332E or TL25? Check current listings with Deal Scores.

Which is the better value: 332E or TL25?

Choose the Mustang TL25 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Mustang's dealer network and parts availability

How do 332E and TL25 prices compare by year?

John Deere 332E vs Mustang TL25 prices by model year (CAD)
Year John Deere 332E Mustang TL25
2016 $14,698 (2)
2015 $22,613 (2)
2014 $28,349 (4)
2013 $14,488 (2)
2005 $21,921 (2)
2004 $30,772 (4)

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

How do 332E and TL25 prices compare by hours?

John Deere 332E vs Mustang TL25 prices by hours (CAD)
Hours John Deere 332E Mustang TL25
0-999 hrs $21,921 (2)
1,000-1,999 hrs $28,349 (4)
2,000-2,999 hrs $24,569 (2)
4,000+ hrs $18,655 (4) $36,976 (2)

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

Where can I buy a 332E or TL25 in Canada?

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