Caterpillar 268B vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 268B averages $20,417 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $11,342 difference. Based on 24 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 $11,342 less than the 268B.
Caterpillar 268B
CTL$20,417 CAD avg
$11,385
Low
$32,807
High
18
Sales
Avg 5,399 hours · 2005–2007 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 268B and 345B?
- Price: The 345B is $11,342 cheaper on average (56% savings).
- Track Type: 268B 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 268Bs average 5,399 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 268B or 345B? Check current listings with Deal Scores.
Which is the better value: 268B or 345B?
Choose the Caterpillar 268B 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 ($11,342 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 268B and 345B prices compare by year?
| Year | Caterpillar 268B | Caterpillar 345B |
|---|---|---|
| 2015 | — | $8,480 (4) |
| 2007 | $23,982 (4) | — |
| 2006 | $20,728 (8) | — |
| 2005 | $17,627 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 268B and 345B prices compare by hours?
| Hours | Caterpillar 268B | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $11,528 (2) | $4,836 (2) |
| 2,000-2,999 hrs | $32,342 (2) | — |
| 3,000-3,999 hrs | $22,161 (2) | — |
| 4,000+ hrs | $18,913 (10) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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