ASV RT-120 vs Caterpillar 345B: Which Is the Better Value?
The ASV RT-120 averages $43,060 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $33,984 difference. Based on 15 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 $33,984 less than the RT-120.
ASV RT-120
CTL$43,060 CAD avg
$16,560
Low
$69,837
High
9
Sales
Avg 2,163 hours · 2019–2021 model years
Full price guide →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 →What are the key differences between RT-120 and 345B?
- Price: The 345B is $33,984 cheaper on average (79% savings).
- Track Type: RT-120 is a compact track loader (CTL) while 345B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used RT-120s average 2,163 hours while 345Bs average 48 hours.
Both ASV and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a RT-120 or 345B? Check current listings with Deal Scores.
Which is the better value: RT-120 or 345B?
Choose the ASV RT-120 if:
- You work on soft ground, mud, or uneven terrain
- You prefer ASV's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($33,984 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do RT-120 and 345B prices compare by year?
| Year | ASV RT-120 | Caterpillar 345B |
|---|---|---|
| 2021 | $48,528 (3) | — |
| 2020 | $31,418 (2) | — |
| 2019 | $21,625 (2) | — |
| 2015 | — | $8,480 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do RT-120 and 345B prices compare by hours?
| Hours | ASV RT-120 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | — | $4,836 (2) |
| 1,000-1,999 hrs | $47,965 (4) | — |
| 2,000-2,999 hrs | $67,935 (2) | — |
| 3,000-3,999 hrs | $16,560 (1) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on ASV RT-120
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 345B
We'll send you current pricing and available units. No spam.