Caterpillar 345B vs Takeuchi TL8: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $21,320 difference. Based on 53 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 $21,320 less than the TL8.
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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do 345B and TL8 specs compare?
| Spec | Caterpillar 345B | Takeuchi TL8 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 1,900 lbs |
| Operating Weight | — | 8,532 lbs |
| Lift Type | — | radial |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 345B and TL8?
- Price: The 345B is $21,320 cheaper on average (70% savings).
- Track Type: 345B is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or TL8? Check current listings with Deal Scores.
Which is the better value: 345B or TL8?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($21,320 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 345B and TL8 prices compare by year?
| Year | Caterpillar 345B | Takeuchi TL8 |
|---|---|---|
| 2020 | — | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | $8,480 (4) | $31,728 (18) |
| 2014 | — | $26,342 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and TL8 prices compare by hours?
| Hours | Caterpillar 345B | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $55,069 (2) |
| 1,000-1,999 hrs | — | $33,418 (15) |
| 2,000-2,999 hrs | — | $27,670 (20) |
| 3,000-3,999 hrs | — | $27,505 (2) |
| 4,000+ hrs | — | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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