Caterpillar 345B vs New Holland L218: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $18,992 for the New Holland L218. That's a $9,917 difference. Based on 14 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 $9,917 less than the L218.
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 L218
SSL$18,992 CAD avg
$9,715
Low
$36,332
High
8
Sales
Avg 3,003 hours · 2011–2012 model years
Full price guide →How do 345B and L218 specs compare?
| Spec | Caterpillar 345B | New Holland L218 |
|---|---|---|
| Horsepower | — | 60 hp |
| Rated Operating Capacity | — | 1,800 lbs |
| Operating Weight | — | 6,160 lbs |
| Lift Type | — | radial |
| Frame Size | — | small |
| High Flow | — | 1 gpm |
What are the key differences between 345B and L218?
- Price: The 345B is $9,917 cheaper on average (52% savings).
- Usage: Used 345Bs average 48 hours while L218s average 3,003 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or L218? Check current listings with Deal Scores.
Which is the better value: 345B or L218?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($9,917 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You prefer New Holland's dealer network and parts availability
How do 345B and L218 prices compare by year?
| Year | Caterpillar 345B | New Holland L218 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and L218 prices compare by hours?
| Hours | Caterpillar 345B | New Holland L218 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $24,663 (4) |
| 3,000-3,999 hrs | — | $16,202 (2) |
| 4,000+ hrs | — | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or L218 in Canada?
Caterpillar 345B
No active listings right now.
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