Caterpillar 345B vs Takeuchi TL230: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $25,577 for the Takeuchi TL230. That's a $16,502 difference. Based on 12 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 $16,502 less than the TL230.
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 TL230
CTL$25,577 CAD avg
$18,764
Low
$35,673
High
6
Sales
Avg 2,495 hours · 2011–2011 model years
Full price guide →What are the key differences between 345B and TL230?
- Price: The 345B is $16,502 cheaper on average (65% savings).
- Track Type: 345B is a wheeled skid steer (SSL) while TL230 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 345Bs average 48 hours while TL230s average 2,495 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or TL230? Check current listings with Deal Scores.
Which is the better value: 345B or TL230?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($16,502 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL230 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 345B and TL230 prices compare by year?
| Year | Caterpillar 345B | Takeuchi TL230 |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2011 | — | $26,632 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and TL230 prices compare by hours?
| Hours | Caterpillar 345B | Takeuchi TL230 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 1,000-1,999 hrs | — | $23,467 (2) |
| 3,000-3,999 hrs | — | $30,601 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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