Bobcat S650 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat S650 averages $30,170 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $21,095 difference. Based on 156 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 $21,095 less than the S650.
Bobcat S650
SSL$30,170 CAD avg
$2,622
Low
$76,891
High
150
Sales
Avg 2,838 hours · 2010–2023 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 S650 and 345B specs compare?
| Spec | Bobcat S650 | Caterpillar 345B |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,200 lbs | — |
| Operating Weight | 7,555 lbs | — |
| Lift Type | radial | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between S650 and 345B?
- Price: The 345B is $21,095 cheaper on average (70% savings).
- Usage: Used S650s average 2,838 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S650 or 345B? Check current listings with Deal Scores.
Which is the better value: S650 or 345B?
Choose the Bobcat S650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($21,095 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S650 and 345B prices compare by year?
| Year | Bobcat S650 | Caterpillar 345B |
|---|---|---|
| 2023 | $64,829 (2) | — |
| 2020 | $75,257 (2) | — |
| 2019 | $41,116 (15) | — |
| 2018 | $30,968 (4) | — |
| 2017 | $33,870 (4) | — |
| 2016 | $31,346 (22) | — |
| 2015 | $27,056 (23) | $8,480 (4) |
| 2014 | $28,387 (38) | — |
| 2013 | $24,535 (12) | — |
| 2012 | $26,569 (8) | — |
| 2011 | $20,147 (8) | — |
| 2010 | $27,817 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S650 and 345B prices compare by hours?
| Hours | Bobcat S650 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $48,935 (18) | $4,836 (2) |
| 1,000-1,999 hrs | $35,423 (34) | — |
| 2,000-2,999 hrs | $29,489 (33) | — |
| 3,000-3,999 hrs | $28,488 (24) | — |
| 4,000+ hrs | $19,654 (28) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S650 or 345B in Canada?
Bobcat S650
2019 Bobcat S650
2,350 hrs · Winnipeg
$37,500 CAD
2014 Bobcat S650
3,327 hrs · Fort Mcmurray
$35,700 CAD
2017 Bobcat S650
5,816 hrs · Calgary
$36,400 CAD
2017 Bobcat S650
3,320 hrs · Saskatoon
$40,900 CAD
Caterpillar 345B
No active listings right now.
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