Caterpillar 345B vs Takeuchi TL12: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $26,661 difference. Based on 78 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 $26,661 less than the TL12.
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 →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do 345B and TL12 specs compare?
| Spec | Caterpillar 345B | Takeuchi TL12 |
|---|---|---|
| Horsepower | — | 111 hp |
| Rated Operating Capacity | — | 3,560 lbs |
| Operating Weight | — | 12,632 lbs |
| Lift Type | — | radial |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 345B and TL12?
- Price: The 345B is $26,661 cheaper on average (75% savings).
- Usage: Used 345Bs average 48 hours while TL12s average 3,141 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or TL12? Check current listings with Deal Scores.
Which is the better value: 345B or TL12?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($26,661 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You prefer Takeuchi's dealer network and parts availability
How do 345B and TL12 prices compare by year?
| Year | Caterpillar 345B | Takeuchi TL12 |
|---|---|---|
| 2016 | — | $37,026 (20) |
| 2015 | $8,480 (4) | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | — | $43,162 (16) |
| 2012 | — | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and TL12 prices compare by hours?
| Hours | Caterpillar 345B | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $42,666 (4) |
| 1,000-1,999 hrs | — | $49,775 (6) |
| 2,000-2,999 hrs | — | $41,346 (26) |
| 3,000-3,999 hrs | — | $34,568 (8) |
| 4,000+ hrs | — | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
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