Caterpillar 345B vs Volvo 115C: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $20,503 for the Volvo 115C. That's a $11,428 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 $11,428 less than the 115C.
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 →Volvo 115C
SSL$20,503 CAD avg
$8,500
Low
$29,973
High
8
Sales
Avg 2,112 hours · 2011–2014 model years
Full price guide →What are the key differences between 345B and 115C?
- Price: The 345B is $11,428 cheaper on average (56% savings).
- Usage: Used 345Bs average 48 hours while 115Cs average 2,112 hours.
Both Caterpillar and Volvo retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 115C? Check current listings with Deal Scores.
Which is the better value: 345B or 115C?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($11,428 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Volvo 115C if:
- You prefer Volvo's dealer network and parts availability
How do 345B and 115C prices compare by year?
| Year | Caterpillar 345B | Volvo 115C |
|---|---|---|
| 2015 | $8,480 (4) | — |
| 2014 | — | $24,494 (6) |
| 2011 | — | $8,530 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 115C prices compare by hours?
| Hours | Caterpillar 345B | Volvo 115C |
|---|---|---|
| 0-999 hrs | $4,836 (2) | — |
| 1,000-1,999 hrs | — | $27,296 (2) |
| 2,000-2,999 hrs | — | $23,094 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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