Caterpillar 216B vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 216B averages $10,126 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $1,051 difference. Based on 17 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,051 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 216B
SSL$10,126 CAD avg
$4,001
Low
$18,088
High
11
Sales
Avg 2,042 hours · 2005–2007 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 216B and 345B?
- Price: The 345B is $1,051 cheaper on average (10% savings).
- Usage: Used 216Bs average 2,042 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 216B or 345B? Check current listings with Deal Scores.
Which is the better value: 216B or 345B?
Choose the Caterpillar 216B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($1,051 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 216B and 345B prices compare by year?
| Year | Caterpillar 216B | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2007 | $4,371 (2) | — |
| 2006 | $17,772 (2) | — |
| 2005 | $10,517 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 216B and 345B prices compare by hours?
| Hours | Caterpillar 216B | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $10,721 (4) | $4,836 (2) |
| 4,000+ hrs | $17,772 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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