Bobcat T870 vs Caterpillar 345B: Which Is the Better Value?
The Bobcat T870 averages $54,686 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $45,611 difference. Based on 129 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 $45,611 less than the T870.
Bobcat T870
SSL$54,686 CAD avg
$17,457
Low
$127,571
High
123
Sales
Avg 2,578 hours · 2008–2022 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 T870 and 345B specs compare?
| Spec | Bobcat T870 | Caterpillar 345B |
|---|---|---|
| Horsepower | 100 hp | — |
| Rated Operating Capacity | 3,325 lbs | — |
| Operating Weight | 11,720 lbs | — |
| Lift Type | vertical | — |
| Frame Size | large | — |
| High Flow | 1 gpm | — |
What are the key differences between T870 and 345B?
- Price: The 345B is $45,611 cheaper on average (83% savings).
- Usage: Used T870s average 2,578 hours while 345Bs average 48 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T870 or 345B? Check current listings with Deal Scores.
Which is the better value: T870 or 345B?
Choose the Bobcat T870 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($45,611 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T870 and 345B prices compare by year?
| Year | Bobcat T870 | Caterpillar 345B |
|---|---|---|
| 2022 | $85,083 (6) | — |
| 2021 | $51,722 (13) | — |
| 2020 | $77,670 (6) | — |
| 2019 | $63,252 (20) | — |
| 2018 | $63,564 (16) | — |
| 2017 | $31,889 (2) | — |
| 2016 | $42,339 (10) | — |
| 2015 | $49,379 (18) | $8,480 (4) |
| 2014 | $47,721 (10) | — |
| 2013 | $52,638 (6) | — |
| 2012 | $46,309 (4) | — |
| 2011 | $45,451 (8) | — |
| 2008 | $17,897 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T870 and 345B prices compare by hours?
| Hours | Bobcat T870 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $86,826 (10) | $4,836 (2) |
| 1,000-1,999 hrs | $66,479 (34) | — |
| 2,000-2,999 hrs | $51,766 (31) | — |
| 3,000-3,999 hrs | $42,208 (32) | — |
| 4,000+ hrs | $41,334 (14) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T870 or 345B in Canada?
Bobcat T870
2021 Bobcat T870
N/A hrs · Lloydminster
$70,900 CAD
2021 Bobcat T870
N/A hrs · Kamloops
$70,900 CAD
2021 Bobcat T870
N/A hrs · Brandon
$70,900 CAD
2021 Bobcat T870
N/A hrs · Saskatoon
$70,900 CAD
Caterpillar 345B
No active listings right now.
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