Caterpillar 345B vs New Holland L555: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $6,587 for the New Holland L555. That's a $2,488 difference. Based on 18 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,488 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 L555
SSL$6,587 CAD avg
$3,263
Low
$13,953
High
12
Sales
Avg 3,597 hours · 1990–1991 model years
Full price guide →What are the key differences between 345B and L555?
- Price: The L555 is $2,488 cheaper on average (27% savings).
- Usage: Used 345Bs average 48 hours while L555s average 3,597 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or L555? Check current listings with Deal Scores.
Which is the better value: 345B or L555?
Choose the Caterpillar 345B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L555 if:
- You want lower upfront cost ($2,488 savings)
- You prefer New Holland's dealer network and parts availability
How do 345B and L555 prices compare by year?
| Year | Caterpillar 345B | New Holland L555 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 1991 | — | $5,767 (2) |
| 1990 | — | $6,957 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and L555 prices compare by hours?
| Hours | Caterpillar 345B | New Holland L555 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 2,000-2,999 hrs | — | $5,154 (4) |
| 3,000-3,999 hrs | — | $3,728 (2) |
| 4,000+ hrs | — | $8,494 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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