Caterpillar 299D3XE vs Caterpillar 345B: Which Is the Better Value?
The Caterpillar 299D3XE averages $93,253 CAD at auction, compared to $9,075 for the Caterpillar 345B. That's a $84,178 difference. Based on 22 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 $84,178 less than the 299D3XE.
Caterpillar 299D3XE
CTL$93,253 CAD avg
$22,770
Low
$159,272
High
16
Sales
Avg 1,213 hours · 2020–2023 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 299D3XE and 345B?
- Price: The 345B is $84,178 cheaper on average (90% savings).
- Track Type: 299D3XE 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 299D3XEs average 1,213 hours while 345Bs average 48 hours.
Both Caterpillar and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 299D3XE or 345B? Check current listings with Deal Scores.
Which is the better value: 299D3XE or 345B?
Choose the Caterpillar 299D3XE 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 ($84,178 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do 299D3XE and 345B prices compare by year?
| Year | Caterpillar 299D3XE | Caterpillar 345B |
|---|---|---|
| 2023 | $62,099 (1) | — |
| 2022 | $137,128 (4) | — |
| 2021 | $94,535 (8) | — |
| 2020 | $41,719 (3) | — |
| 2015 | — | $8,480 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 299D3XE and 345B prices compare by hours?
| Hours | Caterpillar 299D3XE | Caterpillar 345B |
|---|---|---|
| 0-999 hrs | $119,508 (8) | $4,836 (2) |
| 1,000-1,999 hrs | $87,182 (4) | — |
| 2,000-2,999 hrs | $62,099 (1) | — |
| 3,000-3,999 hrs | $51,194 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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