Caterpillar 262C2 vs Caterpillar 345B: Which Is the Better Value?

| Based on 15 verified Canadian auction sales

The Caterpillar 262C2 averages $27,134 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $18,059 difference. Based on 15 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 $18,059 less than the 262C2.

Caterpillar 262C2

SSL

$27,134 CAD avg

$13,109

Low

$52,311

High

9

Sales

Avg 5,484 hours · 2012–2013 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 262C2 and 345B?

  • Price: The 345B is $18,059 cheaper on average (67% savings).
  • Usage: Used 262C2s average 5,484 hours while 345Bs average 48 hours.

Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a 262C2 or 345B? Check current listings with Deal Scores.

Browse 262C2 Listings Browse 345B Listings All Listings

Which is the better value: 262C2 or 345B?

Choose the Caterpillar 262C2 if:

  • You prefer Caterpillar's dealer network and parts availability
Better Value

Choose the Caterpillar 345B if:

  • You want lower upfront cost ($18,059 savings)
  • You prefer Caterpillar's dealer network and parts availability

How do 262C2 and 345B prices compare by year?

Caterpillar 262C2 vs Caterpillar 345B prices by model year (CAD)
Year Caterpillar 262C2 Caterpillar 345B
2015 — $8,480 (4)
2013 $19,553 (5) —
2012 $36,611 (4) —

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 262C2 and 345B prices compare by hours?

Caterpillar 262C2 vs Caterpillar 345B prices by hours (CAD)
Hours Caterpillar 262C2 Caterpillar 345B
0-999 hrs $51,202 (2) $4,836 (2)
4,000+ hrs $19,384 (5) —

Hours matter more than age for resale value. See our hours vs age analysis.

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Related Guides

Depreciation Guide

See which brands hold value best

True Cost of Ownership

Complete 5-year cost breakdown

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