Caterpillar 345B vs Mustang TL25: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $18,746 difference. Based on 12 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 $18,746 less than the TL25.
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 →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →What are the key differences between 345B and TL25?
- Price: The 345B is $18,746 cheaper on average (67% savings).
- Track Type: 345B is a wheeled skid steer (SSL) while TL25 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 TL25s average 2,704 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or TL25? Check current listings with Deal Scores.
Which is the better value: 345B or TL25?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($18,746 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL25 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do 345B and TL25 prices compare by year?
| Year | Caterpillar 345B | Mustang TL25 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and TL25 prices compare by hours?
| Hours | Caterpillar 345B | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $21,921 (2) |
| 2,000-2,999 hrs | — | $24,569 (2) |
| 4,000+ hrs | — | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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