Caterpillar 345B vs Morbark 700H: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $10,511 for the Morbark 700H. That's a $1,435 difference. Based on 12 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,435 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 →Morbark 700H
$10,511 CAD avg
$9,259
Low
$11,610
High
6
Sales
Avg 907 hours · 2017–2018 model years
Full price guide →What are the key differences between 345B and 700H?
- Price: The 345B is $1,435 cheaper on average (14% savings).
- Track Type: 345B is a wheeled skid steer (SSL) while 700H is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 345Bs average 48 hours while 700Hs average 907 hours.
Both Caterpillar and Morbark retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 700H? Check current listings with Deal Scores.
Which is the better value: 345B or 700H?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($1,435 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Morbark 700H if:
- You prefer Morbark's dealer network and parts availability
How do 345B and 700H prices compare by year?
| Year | Caterpillar 345B | Morbark 700H |
|---|---|---|
| 2018 | — | $11,194 (2) |
| 2017 | — | $10,169 (4) |
| 2015 | $8,480 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 700H prices compare by hours?
| Hours | Caterpillar 345B | Morbark 700H |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $10,406 (4) |
| 1,000-1,999 hrs | — | $10,721 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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