Caterpillar 289D vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 289D averages $42,498 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $33,423 difference. Based on 179 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 $33,423 less than the 289D.
Caterpillar 289D
CTL$42,498 CAD avg
$15,938
Low
$85,752
High
173
Sales
Avg 4,178 hours · 2014–2019 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 289D and 345B?
- Price: The 345B is $33,423 cheaper on average (79% savings).
- Track Type: 289D 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 289Ds average 4,178 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 289D or 345B? Check current listings with Deal Scores.
Which is the better value: 289D or 345B?
Choose the Caterpillar 289D 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 ($33,423 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 289D and 345B prices compare by year?
| Year | Caterpillar 289D | Caterpillar 345B |
|---|---|---|
| 2019 | $50,672 (14) | — |
| 2018 | $50,661 (16) | — |
| 2017 | $45,097 (34) | — |
| 2016 | $44,284 (36) | — |
| 2015 | $37,230 (45) | $8,480 (4) |
| 2014 | $36,763 (28) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D and 345B prices compare by hours?
| Hours | Caterpillar 289D | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $73,797 (12) | $4,836 (2) |
| 1,000-1,999 hrs | $53,030 (4) | — |
| 2,000-2,999 hrs | $54,344 (17) | — |
| 3,000-3,999 hrs | $47,094 (50) | — |
| 4,000+ hrs | $32,996 (86) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D or 345B in Canada?
Caterpillar 289D
2016 Caterpillar 289D
N/A hrs · Calgary
$68,000 CAD
2015 Caterpillar 289D
2,538 hrs · Oro-Medonte
$55,500 CAD
2019 Caterpillar 289D
N/A hrs · Calgary
$42,500 CAD
2015 Caterpillar 289D
4,000 hrs · Lethbridge
$48,000 CAD
Caterpillar 345B
No active listings right now.
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