Bobcat S510 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat S510 averages $23,370 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $14,294 difference. Based on 18 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 $14,294 less than the S510.
Bobcat S510
SSL$23,370 CAD avg
$17,457
Low
$30,231
High
12
Sales
Avg 1,969 hours · 2014–2016 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 S510 and 345B specs compare?
| Spec | Bobcat S510 | Caterpillar 345B |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,350 lbs | — |
| Operating Weight | 5,360 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between S510 and 345B?
- Price: The 345B is $14,294 cheaper on average (61% savings).
- Usage: Used S510s average 1,969 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S510 or 345B? Check current listings with Deal Scores.
Which is the better value: S510 or 345B?
Choose the Bobcat S510 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($14,294 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S510 and 345B prices compare by year?
| Year | Bobcat S510 | Caterpillar 345B |
|---|---|---|
| 2016 | $24,849 (2) | — |
| 2015 | $23,726 (4) | $8,480 (4) |
| 2014 | $22,639 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S510 and 345B prices compare by hours?
| Hours | Bobcat S510 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | — | $4,836 (2) |
| 1,000-1,999 hrs | $23,374 (8) | — |
| 3,000-3,999 hrs | $23,361 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S510 or 345B in Canada?
Bobcat S510
2015 Bobcat S510
4,456 hrs · Penticton
$46,000 CAD
2015 Bobcat S510
1,225 hrs · Pentiction
$46,000 CAD
2023 Bobcat S510
510 hrs · Brampton
$51,950 CAD
Caterpillar 345B
No active listings right now.
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