Caterpillar 257B2 vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 257B2 averages $23,706 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $14,630 difference. Based on 12 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 $14,630 less than the 257B2.
Caterpillar 257B2
CTL$23,706 CAD avg
$18,216
Low
$31,118
High
6
Sales
Avg 3,280 hours · 2008–2009 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 257B2 and 345B?
- Price: The 345B is $14,630 cheaper on average (62% savings).
- Track Type: 257B2 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 257B2s average 3,280 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 257B2 or 345B? Check current listings with Deal Scores.
Which is the better value: 257B2 or 345B?
Choose the Caterpillar 257B2 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 ($14,630 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 257B2 and 345B prices compare by year?
| Year | Caterpillar 257B2 | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2009 | $18,803 (2) | — |
| 2008 | $31,079 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 257B2 and 345B prices compare by hours?
| Hours | Caterpillar 257B2 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $21,235 (2) | $4,836 (2) |
| 1,000-1,999 hrs | $31,079 (2) | — |
| 4,000+ hrs | $18,803 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 257B2 or 345B in Canada?
Caterpillar 257B2
All Caterpillar 257B2 listings →Caterpillar 345B
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