Caterpillar 345B vs New Holland L230: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $30,681 for the New Holland L230. That's a $21,605 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 $21,605 less than the L230.
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 L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →What are the key differences between 345B and L230?
- Price: The 345B is $21,605 cheaper on average (70% savings).
- Usage: Used 345Bs average 48 hours while L230s average 1,509 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or L230? Check current listings with Deal Scores.
Which is the better value: 345B or L230?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($21,605 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You prefer New Holland's dealer network and parts availability
How do 345B and L230 prices compare by year?
| Year | Caterpillar 345B | New Holland L230 |
|---|---|---|
| 2017 | — | $62,780 (2) |
| 2015 | $8,480 (4) | $32,746 (4) |
| 2014 | — | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and L230 prices compare by hours?
| Hours | Caterpillar 345B | New Holland L230 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $43,282 (6) |
| 1,000-1,999 hrs | — | $31,068 (10) |
| 2,000-2,999 hrs | — | $31,179 (4) |
| 3,000-3,999 hrs | — | $28,108 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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