Caterpillar 345B vs New Holland L185: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $20,679 for the New Holland L185. That's a $11,604 difference. Based on 20 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 $11,604 less than the L185.
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 L185
SSL$20,679 CAD avg
$5,768
Low
$42,802
High
14
Sales
Avg 3,007 hours · 2006–2008 model years
Full price guide →What are the key differences between 345B and L185?
- Price: The 345B is $11,604 cheaper on average (56% savings).
- Usage: Used 345Bs average 48 hours while L185s average 3,007 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or L185? Check current listings with Deal Scores.
Which is the better value: 345B or L185?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($11,604 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L185 if:
- You prefer New Holland's dealer network and parts availability
How do 345B and L185 prices compare by year?
| Year | Caterpillar 345B | New Holland L185 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2008 | — | $25,255 (8) |
| 2006 | — | $14,578 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and L185 prices compare by hours?
| Hours | Caterpillar 345B | New Holland L185 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 1,000-1,999 hrs | — | $33,089 (4) |
| 2,000-2,999 hrs | — | $18,829 (4) |
| 4,000+ hrs | — | $20,454 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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