Caterpillar 345B vs New Holland C238: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $41,158 for the New Holland C238. That's a $32,082 difference. Based on 34 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 $32,082 less than the C238.
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 →New Holland C238
CTL$41,158 CAD avg
$1,745
Low
$67,805
High
28
Sales
Avg 1,529 hours · 2011–2016 model years
Full price guide →How do 345B and C238 specs compare?
| Spec | Caterpillar 345B | New Holland C238 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 3,200 lbs |
| Operating Weight | — | 10,760 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 345B and C238?
- Price: The 345B is $32,082 cheaper on average (78% savings).
- Track Type: 345B is a wheeled skid steer (SSL) while C238 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 C238s average 1,529 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or C238? Check current listings with Deal Scores.
Which is the better value: 345B or C238?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($32,082 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C238 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 345B and C238 prices compare by year?
| Year | Caterpillar 345B | New Holland C238 |
|---|---|---|
| 2016 | — | $40,115 (4) |
| 2015 | $8,480 (4) | $51,282 (10) |
| 2014 | — | $43,797 (4) |
| 2012 | — | $31,318 (6) |
| 2011 | — | $30,680 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and C238 prices compare by hours?
| Hours | Caterpillar 345B | New Holland C238 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $54,420 (6) |
| 1,000-1,999 hrs | — | $45,475 (12) |
| 2,000-2,999 hrs | — | $35,857 (6) |
| 3,000-3,999 hrs | — | $30,680 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or C238 in Canada?
Caterpillar 345B
No active listings right now.
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