Bobcat T200 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat T200 averages $15,396 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $6,321 difference. Based on 20 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 $6,321 less than the T200.
Bobcat T200
CTL$15,396 CAD avg
$6,795
Low
$22,011
High
14
Sales
Avg 3,973 hours · 2001–2003 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 T200 and 345B?
- Price: The 345B is $6,321 cheaper on average (41% savings).
- Track Type: T200 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 T200s average 3,973 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T200 or 345B? Check current listings with Deal Scores.
Which is the better value: T200 or 345B?
Choose the Bobcat T200 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($6,321 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T200 and 345B prices compare by year?
| Year | Bobcat T200 | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2003 | $19,380 (2) | — |
| 2002 | $15,150 (4) | — |
| 2001 | $14,524 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T200 and 345B prices compare by hours?
| Hours | Bobcat T200 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | — | $4,836 (2) |
| 3,000-3,999 hrs | $17,628 (8) | — |
| 4,000+ hrs | $16,222 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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