Caterpillar 246D vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $17,009 difference. Based on 36 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 $17,009 less than the 246D.
Caterpillar 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 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 246D and 345B?
- Price: The 345B is $17,009 cheaper on average (65% savings).
- Usage: Used 246Ds average 5,024 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or 345B? Check current listings with Deal Scores.
Which is the better value: 246D or 345B?
Choose the Caterpillar 246D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($17,009 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 246D and 345B prices compare by year?
| Year | Caterpillar 246D | Caterpillar 345B |
|---|---|---|
| 2019 | $26,817 (4) | — |
| 2018 | $25,143 (6) | — |
| 2017 | $29,262 (2) | — |
| 2016 | $18,027 (4) | — |
| 2015 | $24,088 (6) | $8,480 (4) |
| 2014 | $25,777 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246D and 345B prices compare by hours?
| Hours | Caterpillar 246D | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | — | $4,836 (2) |
| 1,000-1,999 hrs | $28,287 (3) | — |
| 2,000-2,999 hrs | $29,667 (3) | — |
| 3,000-3,999 hrs | $28,910 (6) | — |
| 4,000+ hrs | $24,179 (18) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246D or 345B in Canada?
Caterpillar 246D
2017 Caterpillar 246D
3,034 hrs · Edmonton
$39,500 CAD
2018 Caterpillar 246D
2,886 hrs · Surrey
$48,900 CAD
2017 Caterpillar 246D
3,068 hrs · Edmonton
$41,900 CAD
2015 Caterpillar 246D
N/A hrs · Penticton
$41,500 CAD
Caterpillar 345B
No active listings right now.
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