Bobcat T320 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat T320 averages $37,197 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $28,121 difference. Based on 34 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 $28,121 less than the T320.
Bobcat T320
CTL$37,197 CAD avg
$16,256
Low
$65,550
High
28
Sales
Avg 3,572 hours · 2007–2011 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 T320 and 345B?
- Price: The 345B is $28,121 cheaper on average (76% savings).
- Track Type: T320 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 T320s average 3,572 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T320 or 345B? Check current listings with Deal Scores.
Which is the better value: T320 or 345B?
Choose the Bobcat T320 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 ($28,121 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T320 and 345B prices compare by year?
| Year | Bobcat T320 | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2011 | $35,564 (2) | — |
| 2010 | $36,076 (6) | — |
| 2009 | $30,126 (8) | — |
| 2008 | $41,635 (10) | — |
| 2007 | $48,286 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T320 and 345B prices compare by hours?
| Hours | Bobcat T320 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $64,273 (2) | $4,836 (2) |
| 1,000-1,999 hrs | $42,833 (10) | — |
| 2,000-2,999 hrs | $45,128 (4) | — |
| 3,000-3,999 hrs | $30,174 (4) | — |
| 4,000+ hrs | $24,838 (6) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T320 or 345B in Canada?
Caterpillar 345B
No active listings right now.
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