Bobcat S530 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat S530 averages $21,999 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $12,923 difference. Based on 43 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 $12,923 less than the S530.
Bobcat S530
SSL$21,999 CAD avg
$9,660
Low
$36,719
High
37
Sales
Avg 1,537 hours · 2013–2016 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 S530 and 345B specs compare?
| Spec | Bobcat S530 | Caterpillar 345B |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,500 lbs | — |
| Operating Weight | 5,530 lbs | — |
| Lift Type | radial | — |
| Frame Size | small | — |
What are the key differences between S530 and 345B?
- Price: The 345B is $12,923 cheaper on average (59% savings).
- Usage: Used S530s average 1,537 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S530 or 345B? Check current listings with Deal Scores.
Which is the better value: S530 or 345B?
Choose the Bobcat S530 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($12,923 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S530 and 345B prices compare by year?
| Year | Bobcat S530 | Caterpillar 345B |
|---|---|---|
| 2016 | $31,128 (4) | — |
| 2015 | $20,379 (10) | $8,480 (4) |
| 2014 | $20,086 (17) | — |
| 2013 | $24,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S530 and 345B prices compare by hours?
| Hours | Bobcat S530 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $27,172 (6) | $4,836 (2) |
| 1,000-1,999 hrs | $23,873 (18) | — |
| 2,000-2,999 hrs | $22,518 (5) | — |
| 3,000-3,999 hrs | $14,102 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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