Caterpillar 257B vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 257B averages $24,517 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $15,441 difference. Based on 50 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 $15,441 less than the 257B.
Caterpillar 257B
CTL$24,517 CAD avg
$14,117
Low
$40,227
High
44
Sales
Avg 3,222 hours · 2004–2012 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 257B and 345B?
- Price: The 345B is $15,441 cheaper on average (63% savings).
- Track Type: 257B 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 257Bs average 3,222 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 257B or 345B? Check current listings with Deal Scores.
Which is the better value: 257B or 345B?
Choose the Caterpillar 257B 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 ($15,441 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 257B and 345B prices compare by year?
| Year | Caterpillar 257B | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2012 | $29,982 (2) | — |
| 2010 | $24,913 (6) | — |
| 2007 | $26,812 (10) | — |
| 2006 | $25,899 (6) | — |
| 2005 | $22,967 (8) | — |
| 2004 | $21,837 (12) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 257B and 345B prices compare by hours?
| Hours | Caterpillar 257B | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | — | $4,836 (2) |
| 1,000-1,999 hrs | $25,467 (10) | — |
| 2,000-2,999 hrs | $23,790 (12) | — |
| 3,000-3,999 hrs | $19,668 (4) | — |
| 4,000+ hrs | $26,123 (14) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 257B or 345B in Canada?
Caterpillar 257B
2005 Caterpillar 257B
N/A hrs · London
$32,900 CAD
None Caterpillar 257B
486 hrs · Strathcona County
$45,500 CAD
2005 Caterpillar 257B
2,245 hrs · Watford
$32,900 CAD
Caterpillar 345B
No active listings right now.
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