Caterpillar 289D3 vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 289D3 averages $71,262 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $62,187 difference. Based on 54 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 $62,187 less than the 289D3.
Caterpillar 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 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 289D3 and 345B?
- Price: The 345B is $62,187 cheaper on average (87% savings).
- Track Type: 289D3 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 289D3s average 1,828 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 289D3 or 345B? Check current listings with Deal Scores.
Which is the better value: 289D3 or 345B?
Choose the Caterpillar 289D3 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 ($62,187 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 289D3 and 345B prices compare by year?
| Year | Caterpillar 289D3 | Caterpillar 345B |
|---|---|---|
| 2023 | $97,053 (22) | — |
| 2022 | $70,206 (6) | — |
| 2021 | $35,654 (6) | — |
| 2020 | $43,561 (8) | — |
| 2019 | $50,295 (6) | — |
| 2015 | — | $8,480 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D3 and 345B prices compare by hours?
| Hours | Caterpillar 289D3 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $97,397 (24) | $4,836 (2) |
| 1,000-1,999 hrs | $63,219 (4) | — |
| 2,000-2,999 hrs | $44,780 (7) | — |
| 3,000-3,999 hrs | $41,957 (10) | — |
| 4,000+ hrs | $32,384 (3) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D3 or 345B in Canada?
Caterpillar 289D3
2022 Caterpillar 289D3
N/A hrs · Brandon
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Saskatoon
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Edmonton
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Kamloops
$109,998 CAD
Caterpillar 345B
No active listings right now.
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