Quick Answer

Caterpillar and Komatsu are the two most financeable excavator brands in the world. Cat 320 costs $270,000–$310,000; Komatsu PC210LCi costs $245,000–$285,000 (8–10% less). Komatsu's factory-integrated iMC 2.0 full 3D grade control is included as standard — the equivalent Cat 3D Grade option adds $15,000–$25,000. Cat's US dealer network (~4,000 locations) vastly exceeds Komatsu's (~1,800 locations). Both brands retain 68–72% of value at 3 years — effectively identical in lenders' eyes. For financing purposes, both brands receive identical treatment from third-party lenders.

Excavator Brand Comparison

Caterpillar vs Komatsu Excavators — Head to Head Comparison

Cat 320 vs Komatsu PC210LCi across price, grade control technology, dealer network, OEM financing programs, and 3-year and 5-year residual values. Full model lineup comparison included. The definitive guide for contractors deciding between the two top excavator brands.

$270K–$310KCat 320 New Price
$245K–$285KKomatsu PC210LCi Price
68–72%3-Year Residual (Both Brands)
~4,000 vs ~1,800US Dealer Locations (Cat vs Komatsu)

Key Facts: Cat 320 vs Komatsu PC210LCi

Cat 320 Price$270,000–$310,000 new
PC210LCi Price$245,000–$285,000 new
3-Year Residual (Both)68–72% of purchase price
Cat US Dealers~4,000 locations
Komatsu US Dealers~1,800 locations
Grade ControlBoth standard (iMC on Komatsu, Cat Grade on Cat)

Head-to-Head Specs

Cat 320 vs Komatsu PC210LCi — Full Spec Comparison

SpecificationCat 320Komatsu PC210LCiWinner
Average new price$290,000$265,000Komatsu (8% less)
Operating weight48,500 lb46,000 lb
EngineCat C7.1 163 HPKomatsu SAA6D107 160 HPTie
Factory grade controlCat Grade 2D standard; 3D optional ($15K–$25K)iMC 2.0 full 3D standardKomatsu (3D included)
TelematicsCat VisionLinkKomatsu KOMTRAXTie
US dealer locations~4,000~1,800Cat
OEM financingequipment lendersequipment lendersTie
3-year residual %68–72%68–72%Tie
5-year residual %55–60%53–58%Cat (slight edge)
US manufacturingEast Peoria, IL (partial)Chattanooga, TNTie
Parts lead time24–48 hours (major dealers)24–48 hours (major dealers)Tie at major dealers

Full Model Lineup

Cat vs Komatsu Excavator Model Lineup — All Size Classes

Weight ClassCat ModelKomatsu ModelPrice Range (New)
7–8 ton miniCat 308Komatsu PC88MR-11$78K–$100K
12–14 ton smallCat 313Komatsu PC130-11$135K–$175K
16–18 ton medium-smallCat 316Komatsu PC160-11$175K–$225K
19–21 ton mediumCat 320Komatsu PC210LCi$245K–$310K
22–24 ton medium+Cat 323Komatsu PC240LC-11$275K–$355K
28–31 ton largeCat 330Komatsu PC290LC-11$330K–$430K
36–38 ton largeCat 336Komatsu PC360LC-11$430K–$560K
49–52 ton largeCat 352Komatsu PC450LC-11$560K–$750K
78–80 ton ultra-largeCat 374Komatsu PC490LC-11$800K–$1.1M

Financing Comparison

equipment lenders vs equipment lenders

For financing purposes, Cat and Komatsu excavators receive effectively identical treatment from third-party lenders. Both are considered Tier 1 collateral with the strongest loan-to-value ratios and lowest rates in the excavator category. The choice between the two brands will not meaningfully affect your financing terms from a non-OEM lender.

Financing Factorequipment lendersequipment lenders
Brands financedCaterpillar onlyKomatsu only
Promotional ratesFrequent 0% APR events; trade show specialsCompetitive promotional periods
Terms available36–84 months36–84 months
Down payment (strong credit)0–10%0–10%
Min credit score640–660+640–660+
Approval speedIntegrated dealer system; fastDealer-integrated; fast
Used equipmentCat-certified used onlyKomatsu-certified used only
Best forNew Cat equipment buyersNew Komatsu equipment buyers

For a full comparison of Cat and Komatsu financing programs, see our Caterpillar equipment financing guide and Komatsu equipment financing guide. For financing either brand, see our excavator financing guide.

The Verdict

When to Buy Cat vs When to Buy Komatsu

ScenarioCat AdvantageKomatsu Advantage
Need grade control includedCat Grade 2D standard; 3D extra costiMC 2.0 full 3D standard — save $15K–$25K
Rural location / remote jobsiteLarger dealer network; more parts locationsLess dealer coverage in rural areas
Plan to sell in 3–4 yearsEqual residual at 3 yearsEqual residual at 3 years
Plan to sell at 5+ yearsSlight residual edge at 5+ yearsVery close; minor difference
Budget-constrained buyerHigher purchase price8–10% lower purchase price
Government/municipal workBoth fully eligible; Cat brand preference in some agenciesBoth fully eligible
Financing from OEMMore frequent promotional rate eventsCompetitive but fewer promotions

For comparison with Chinese brands, see our XCMG vs SANY vs Caterpillar comparison. For startup contractor equipment strategy, see our construction equipment financing guide.

Equipment Financing

0% Down Available on All Brands

Axiant Partners finances all major equipment brands — Caterpillar, Komatsu, John Deere, XCMG, SANY, and 200+ more. 0% down available for qualified borrowers regardless of brand. Terms 36–84 months.

  • 0% down for qualified borrowers
  • All brands including XCMG and SANY
  • New and used equipment
  • Startups and established businesses
  • Decision in 24–48 hours

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Common Questions

Cat vs Komatsu Excavators — FAQ

What is the price difference between Cat 320 and Komatsu PC210LCi?
A new Caterpillar 320 costs approximately $270,000–$310,000. A new Komatsu PC210LCi costs approximately $245,000–$285,000 — typically 8–10% less. However, the PC210LCi includes Komatsu's iMC 2.0 full 3D machine control as standard equipment, technology that costs $15,000–$25,000 as an add-on to the Cat 320. When comparing fully-equipped machines with equivalent grade control technology, the price gap narrows significantly or disappears entirely. For financing both machines, see our excavator financing guide.
Which brand has better resale value — Cat or Komatsu?
At 3 years, Cat and Komatsu excavators retain nearly identical residual values: 68–72% of original purchase price for both brands in good condition with normal hours. At 5 years, Cat holds a slight edge: 55–60% vs. 53–58% for Komatsu. At 10 years, Cat tends to retain a more meaningful premium in North American markets. Both brands are considered Tier 1 collateral by equipment lenders — financing terms for Cat and Komatsu are essentially identical from third-party lenders. See our new vs used excavator guide for how residual values affect the buy decision.
Is Komatsu iMC better than Cat Grade control?
Komatsu's iMC 2.0 (Intelligent Machine Control) is a factory-integrated full 3D machine control system standard on the PC210LCi. Cat Grade 2D is standard on the Cat 320; full 3D Cat Grade requires a $15,000–$25,000 factory or aftermarket option. Both systems deliver precision grade control to approximately ±0.04 ft. Komatsu's advantage is factory integration — designed as a complete system. Cat's advantage is broader aftermarket support and the ability to choose from alternative grade control providers (Trimble, Leica, Topcon). For contractors who need full 3D grade control, the Komatsu's standard inclusion represents meaningful value.
How does equipment lenders compare to equipment lenders?
equipment lenders and equipment lenders are both captive OEM lenders offering competitive financing exclusively for their brand's equipment. Both provide: streamlined dealer-based approvals; periodic promotional rates on new equipment; terms from 36–84 months; and strong residual value knowledge supporting favorable loan-to-value ratios. equipment lenders has a slight edge in promotional program frequency due to higher North American dealer volume. Neither lender finances the competing brand's equipment. For current promotional rates, contact your local dealer. See our Cat financing guide and Komatsu financing guide for specifics.
Which is better for a startup contractor — Cat or Komatsu?
For a startup contractor's first excavator, both brands are excellent choices with equivalent financing accessibility. Komatsu's lower purchase price and standard iMC grade control benefit new contractors who need grade control capability and want to minimize initial capital outlay. Cat's larger dealer network (4,000 vs. 1,800 US locations) means service and parts are more consistently available — meaningful for contractors who may not be near a major dealer. Either brand on a 5–6 year loan represents a sound starting choice. Consider which brand's dealer is closer to your primary work area. For startup financing strategy, see our construction equipment financing guide.
How does parts availability compare between Cat and Komatsu?
Caterpillar's US network at ~4,000 locations significantly exceeds Komatsu's ~1,800 US locations. Cat parts are generally available within 24–48 hours. Komatsu parts are equally available at their dealers but dealer density is lower in rural areas. In major metro areas, both brands have strong coverage. In rural or remote areas, Cat's network density may reduce downtime when urgent parts are needed. For contractors working in metro markets, the difference is negligible. See our Cat 320 vs PC210 financing comparison for more detailed ownership cost analysis.
Should I buy a used Cat or used Komatsu excavator?
For used excavator purchases, focus on condition, service history, hours, and price — not brand preference between Cat and Komatsu. Both hold value nearly identically. Key evaluation points: request complete maintenance records; inspect undercarriage (replacement cost $15,000–$40,000); check hydraulic cylinder condition; review VisionLink or KOMTRAX telematics history for recent models; get a pre-purchase inspection from an independent mechanic. A well-maintained Komatsu at the right price beats a poorly maintained Cat at the same price. For comprehensive used excavator guidance, see our new vs used excavator guide.
Do Cat and Komatsu attachments interchange?
Cat and Komatsu excavator hydraulic attachments do not directly interchange. Each brand uses different quick coupler standards, hydraulic flow rates, and pin configurations. However, most aftermarket attachment manufacturers (Werk-Brau, Nye, Genesis, LaBounty) offer versions configured for both brands' pin specifications. Universal quick couplers from manufacturers like Engcon allow using a broader range of attachments across brands. If you have an existing attachment library built for one brand, that is a practical reason to stay with that brand — coupler conversion costs across a large attachment fleet can be significant.

Ready to Finance a Cat or Komatsu Excavator?

Both brands receive identical Tier 1 financing treatment. Compare OEM programs and third-party lenders to find the best rate for your specific machine and situation.

Informational resource only. Not an offer of credit or guarantee of approval. Terms vary by lender and equipment type.