Caterpillar 299D2 vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 299D2 averages $50,586 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $41,510 difference. Based on 120 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 $41,510 less than the 299D2.
Caterpillar 299D2
SSL$50,586 CAD avg
$1,138
Low
$130,547
High
114
Sales
Avg 3,685 hours · 2016–2019 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 299D2 and 345B?
- Price: The 345B is $41,510 cheaper on average (82% savings).
- Usage: Used 299D2s average 3,685 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 299D2 or 345B? Check current listings with Deal Scores.
Which is the better value: 299D2 or 345B?
Choose the Caterpillar 299D2 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Caterpillar 345B if:
- You want lower upfront cost ($41,510 savings)
- You prefer Caterpillar's dealer network and parts availability
How do 299D2 and 345B prices compare by year?
| Year | Caterpillar 299D2 | Caterpillar 345B |
|---|---|---|
| 2019 | $51,364 (17) | — |
| 2018 | $50,472 (35) | — |
| 2017 | $59,661 (28) | — |
| 2016 | $40,263 (30) | — |
| 2015 | — | $8,480 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 299D2 and 345B prices compare by hours?
| Hours | Caterpillar 299D2 | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $106,250 (4) | $4,836 (2) |
| 1,000-1,999 hrs | $72,396 (6) | — |
| 2,000-2,999 hrs | $45,600 (20) | — |
| 3,000-3,999 hrs | $54,774 (34) | — |
| 4,000+ hrs | $44,653 (44) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 299D2 or 345B in Canada?
Caterpillar 299D2
2023 Caterpillar 299D2
1,333 hrs · Edmonton
$114,900 CAD
2017 Caterpillar 299D2
1,593 hrs · Abbotsford
$104,500 CAD
2018 Caterpillar 299D2
800 hrs · Winnipeg
$99,900 CAD
2019 Caterpillar 299D2
1,036 hrs · Chase
$85,000 CAD
Caterpillar 345B
No active listings right now.
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