Bobcat T55 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat T55 averages $13,407 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $4,332 difference. Based on 52 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,332 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat T55
CTL$13,407 CAD avg
$6,830
Low
$29,087
High
46
Sales
Avg 1,523 hours · 2005–2020 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 T55 and 345B?
- Price: The 345B is $4,332 cheaper on average (32% savings).
- Track Type: T55 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 T55s average 1,523 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T55 or 345B? Check current listings with Deal Scores.
Which is the better value: T55 or 345B?
Choose the Bobcat T55 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 ($4,332 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T55 and 345B prices compare by year?
| Year | Bobcat T55 | Caterpillar 345B |
|---|---|---|
| 2020 | $21,561 (2) | — |
| 2016 | $9,700 (2) | — |
| 2015 | $12,120 (2) | $8,480 (4) |
| 2014 | $10,884 (4) | — |
| 2012 | $16,319 (6) | — |
| 2011 | $22,473 (4) | — |
| 2009 | $10,898 (2) | — |
| 2008 | $11,517 (6) | — |
| 2007 | $11,345 (4) | — |
| 2005 | $10,726 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T55 and 345B prices compare by hours?
| Hours | Bobcat T55 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $14,421 (16) | $4,836 (2) |
| 1,000-1,999 hrs | $13,916 (14) | — |
| 2,000-2,999 hrs | $11,473 (12) | — |
| 3,000-3,999 hrs | $12,198 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T55 or 345B in Canada?
Bobcat T55
2014 Bobcat T55
1,723 hrs · Sherbrooke
$23,000 CAD
2014 Bobcat T55
875 hrs · Elmwood
$14,995 CAD
2012 Bobcat T55
1,630 hrs · Sherbrooke
$21,500 CAD
2012 Bobcat T55
1,630 hrs · Sherbrooke
$21,500 CAD
Caterpillar 345B
No active listings right now.
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