Caterpillar 246D vs Wacker Neuson T45: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $48,194 for the Wacker Neuson T45. That's a $22,108 difference. Based on 42 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $22,108 less than the T45.
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 →Wacker Neuson T45
CTL$48,194 CAD avg
$16,698
Low
$81,731
High
12
Sales
Avg 1,007 hours · 2015–2019 model years
Full price guide →What are the key differences between 246D and T45?
- Price: The 246D is $22,108 cheaper on average (46% savings).
- Track Type: 246D is a wheeled skid steer (SSL) while T45 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 246Ds average 5,024 hours while T45s average 1,007 hours.
Both Caterpillar and Wacker Neuson retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or T45? Check current listings with Deal Scores.
Which is the better value: 246D or T45?
Choose the Caterpillar 246D if:
- You want lower upfront cost ($22,108 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Wacker Neuson T45 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Wacker Neuson's dealer network and parts availability
How do 246D and T45 prices compare by year?
| Year | Caterpillar 246D | Wacker Neuson T45 |
|---|---|---|
| 2019 | $26,817 (4) | $44,350 (2) |
| 2018 | $25,143 (6) | $19,869 (2) |
| 2017 | $29,262 (2) | — |
| 2016 | $18,027 (4) | — |
| 2015 | $24,088 (6) | $56,250 (2) |
| 2014 | $25,777 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246D and T45 prices compare by hours?
| Hours | Caterpillar 246D | Wacker Neuson T45 |
|---|---|---|
| 0-999 hrs | — | $57,788 (4) |
| 1,000-1,999 hrs | $28,287 (3) | $54,855 (4) |
| 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 T45 in Canada?
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