Caterpillar 345B vs John Deere 320: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $17,566 for the John Deere 320. That's a $8,491 difference. Based on 38 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 $8,491 less than the 320.
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 →John Deere 320
CTL$17,566 CAD avg
$7,286
Low
$27,192
High
32
Sales
Avg 2,313 hours · 2005–2009 model years
Full price guide →What are the key differences between 345B and 320?
- Price: The 345B is $8,491 cheaper on average (48% savings).
- Track Type: 345B is a wheeled skid steer (SSL) while 320 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 345Bs average 48 hours while 320s average 2,313 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 320? Check current listings with Deal Scores.
Which is the better value: 345B or 320?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($8,491 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 320 if:
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
How do 345B and 320 prices compare by year?
| Year | Caterpillar 345B | John Deere 320 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2009 | — | $23,374 (2) |
| 2007 | — | $15,062 (4) |
| 2006 | — | $16,678 (12) |
| 2005 | — | $18,792 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 320 prices compare by hours?
| Hours | Caterpillar 345B | John Deere 320 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $14,990 (4) |
| 1,000-1,999 hrs | — | $22,521 (10) |
| 2,000-2,999 hrs | — | $16,504 (8) |
| 3,000-3,999 hrs | — | $15,281 (6) |
| 4,000+ hrs | — | $17,681 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or 320 in Canada?
Caterpillar 345B
No active listings right now.
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