Caterpillar 256C vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 256C averages $23,179 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $14,104 difference. Based on 14 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 $14,104 less than the 256C.
Caterpillar 256C
CTL$23,179 CAD avg
$12,447
Low
$36,354
High
8
Sales
Avg 6,922 hours · 2007–2010 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 256C and 345B?
- Price: The 345B is $14,104 cheaper on average (61% savings).
- Track Type: 256C 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 256Cs average 6,922 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 256C or 345B? Check current listings with Deal Scores.
Which is the better value: 256C or 345B?
Choose the Caterpillar 256C if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($14,104 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 256C and 345B prices compare by year?
| Year | Caterpillar 256C | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2010 | $22,336 (4) | — |
| 2008 | $35,254 (2) | — |
| 2007 | $12,791 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 256C and 345B prices compare by hours?
| Hours | Caterpillar 256C | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | — | $4,836 (2) |
| 2,000-2,999 hrs | $35,254 (2) | — |
| 4,000+ hrs | $17,180 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 256C
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 345B
We'll send you current pricing and available units. No spam.