Caterpillar 345B vs New Holland L783: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $9,315 for the New Holland L783. Based on 14 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $239 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 →New Holland L783
SSL$9,315 CAD avg
$3,567
Low
$13,167
High
8
Sales
Avg 4,107 hours · 1990–1994 model years
Full price guide →What are the key differences between 345B and L783?
- Usage: Used 345Bs average 48 hours while L783s average 4,107 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or L783? Check current listings with Deal Scores.
Which is the better value: 345B or L783?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($239 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L783 if:
- You prefer New Holland's dealer network and parts availability
How do 345B and L783 prices compare by year?
| Year | Caterpillar 345B | New Holland L783 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 1994 | — | $9,124 (2) |
| 1993 | — | $3,783 (2) |
| 1990 | — | $12,959 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and L783 prices compare by hours?
| Hours | Caterpillar 345B | New Holland L783 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 2,000-2,999 hrs | — | $9,124 (2) |
| 3,000-3,999 hrs | — | $12,959 (2) |
| 4,000+ hrs | — | $7,589 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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