Caterpillar 345B vs Kubota SVL97-2: Which Is the Better Value?

| Based on 42 verified Canadian auction sales

The Caterpillar 345B averages $9,075 CAD at auction, compared to $64,345 for the Kubota SVL97-2. That's a $55,269 difference. Based on 42 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 $55,269 less than the SVL97-2.

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 →

Kubota SVL97-2

CTL

$64,345 CAD avg

$11,536

Low

$116,423

High

36

Sales

Avg 1,019 hours · 2020–2025 model years

Full price guide →

How do 345B and SVL97-2 specs compare?

Caterpillar 345B vs Kubota SVL97-2 specifications comparison
Spec Caterpillar 345B Kubota SVL97-2
Horsepower 96 hp
Rated Operating Capacity 3,400 lbs
Operating Weight 12,470 lbs
Lift Type vertical
Frame Size large
High Flow 1 gpm

What are the key differences between 345B and SVL97-2?

  • Price: The 345B is $55,269 cheaper on average (86% savings).
  • Track Type: 345B is a wheeled skid steer (SSL) while SVL97-2 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 SVL97-2s average 1,019 hours.

Both Caterpillar and Kubota retain value well. See our depreciation guide for brand rankings.

Looking for a 345B or SVL97-2? Check current listings with Deal Scores.

Which is the better value: 345B or SVL97-2?

Choose the Kubota SVL97-2 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Kubota's dealer network and parts availability

How do 345B and SVL97-2 prices compare by year?

Caterpillar 345B vs Kubota SVL97-2 prices by model year (CAD)
Year Caterpillar 345B Kubota SVL97-2
2025 $24,839 (1)
2023 $50,835 (8)
2022 $79,443 (13)
2021 $80,018 (6)
2020 $39,363 (2)
2015 $8,480 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 345B and SVL97-2 prices compare by hours?

Caterpillar 345B vs Kubota SVL97-2 prices by hours (CAD)
Hours Caterpillar 345B Kubota SVL97-2
0-999 hrs $4,836 (2) $83,184 (20)
1,000-1,999 hrs $25,888 (5)
2,000-2,999 hrs $52,875 (6)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 345B or SVL97-2 in Canada?

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