Bobcat S450 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $18,295 difference. Based on 21 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 $18,295 less than the S450.
Bobcat S450
SSL$27,371 CAD avg
$15,938
Low
$46,423
High
15
Sales
Avg 1,463 hours · 2014–2020 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 →How do S450 and 345B specs compare?
| Spec | Bobcat S450 | Caterpillar 345B |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,300 lbs | — |
| Operating Weight | 5,215 lbs | — |
| Lift Type | radial | — |
| Frame Size | small | — |
What are the key differences between S450 and 345B?
- Price: The 345B is $18,295 cheaper on average (67% savings).
- Usage: Used S450s average 1,463 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or 345B? Check current listings with Deal Scores.
Which is the better value: S450 or 345B?
Choose the Bobcat S450 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($18,295 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S450 and 345B prices compare by year?
| Year | Bobcat S450 | Caterpillar 345B |
|---|---|---|
| 2020 | $41,814 (4) | — |
| 2019 | $20,700 (1) | — |
| 2016 | $21,800 (4) | — |
| 2015 | $16,399 (2) | $8,480 (4) |
| 2014 | $25,651 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and 345B prices compare by hours?
| Hours | Bobcat S450 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $45,602 (2) | $4,836 (2) |
| 1,000-1,999 hrs | $24,566 (13) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or 345B in Canada?
Bobcat S450
2017 Bobcat S450
3,160 hrs · Arborg
$29,900 CAD
2014 Bobcat S450
1,265 hrs · Penticton
$39,000 CAD
2014 Bobcat S450
1,265 hrs · Pentiction
$35,000 CAD
Caterpillar 345B
No active listings right now.
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