Caterpillar 345B vs John Deere 323E: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $32,053 for the John Deere 323E. That's a $22,977 difference. Based on 24 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 $22,977 less than the 323E.
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 323E
SSL$32,053 CAD avg
$3,643
Low
$49,347
High
18
Sales
Avg 2,686 hours · 2014–2018 model years
Full price guide →What are the key differences between 345B and 323E?
- Price: The 345B is $22,977 cheaper on average (72% savings).
- Usage: Used 345Bs average 48 hours while 323Es average 2,686 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 323E? Check current listings with Deal Scores.
Which is the better value: 345B or 323E?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($22,977 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 323E if:
- You prefer John Deere's dealer network and parts availability
How do 345B and 323E prices compare by year?
| Year | Caterpillar 345B | John Deere 323E |
|---|---|---|
| 2018 | — | $35,811 (8) |
| 2017 | — | $18,634 (2) |
| 2016 | — | $47,443 (2) |
| 2015 | $8,480 (4) | $18,912 (4) |
| 2014 | — | $41,330 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 323E prices compare by hours?
| Hours | Caterpillar 345B | John Deere 323E |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 1,000-1,999 hrs | — | $38,162 (8) |
| 2,000-2,999 hrs | — | $37,238 (2) |
| 3,000-3,999 hrs | — | $34,835 (2) |
| 4,000+ hrs | — | $29,982 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or 323E in Canada?
Caterpillar 345B
No active listings right now.
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