Bobcat S175 vs New Holland C232: Which Is the Better Value?
The Bobcat S175 averages $16,768 CAD at auction, compared to $39,742 for the New Holland C232. That's a $22,973 difference. Power-wise, the S175 offers 49 HP versus the C232's 84 HP. The S175 has 1,750 lb rated operating capacity vs 2,700 lb for the C232. Based on 84 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S175 is the better value buy for most Canadian buyers, averaging $22,973 less than the C232. The C232 is worth the premium if you specifically need the extra 35 HP or the higher 2,700 lb lifting capacity .
Bobcat S175
SSL$16,768 CAD avg
$5,464
Low
$34,914
High
70
Sales
Avg 3,398 hours · 2001–2012 model years
Full price guide →New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 model years
Full price guide →How do S175 and C232 specs compare?
| Spec | Bobcat S175 | New Holland C232 |
|---|---|---|
| Horsepower | 49 hp | 84 hp |
| Rated Operating Capacity | 1,750 lbs | 2,700 lbs |
| Operating Weight | 6,290 lbs | 10,085 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S175 and C232?
- Price: The S175 is $22,973 cheaper on average (58% savings).
- Power: The C232 has 35 more horsepower (84 HP vs 49 HP).
- Lifting Capacity: The C232 lifts 950 lbs more (2,700 lb ROC).
- Track Type: S175 is a wheeled skid steer (SSL) while C232 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S175s average 3,398 hours while C232s average 1,841 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S175 or C232? Check current listings with Deal Scores.
Which is the better value: S175 or C232?
Choose the Bobcat S175 if:
- You want lower upfront cost ($22,973 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C232 if:
- You need more power (84 HP)
- You need higher lifting capacity (2,700 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do S175 and C232 prices compare by year?
| Year | Bobcat S175 | New Holland C232 |
|---|---|---|
| 2017 | — | $52,192 (4) |
| 2014 | — | $32,575 (2) |
| 2013 | — | $45,914 (4) |
| 2012 | $21,778 (8) | $18,756 (2) |
| 2011 | $16,712 (2) | $30,651 (2) |
| 2010 | $13,766 (2) | — |
| 2009 | $16,575 (2) | — |
| 2008 | $11,907 (6) | — |
| 2007 | $28,078 (4) | — |
| 2006 | $16,496 (4) | — |
| 2005 | $15,863 (12) | — |
| 2004 | $14,270 (14) | — |
| 2003 | $18,120 (2) | — |
| 2002 | $13,817 (4) | — |
| 2001 | $16,155 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S175 and C232 prices compare by hours?
| Hours | Bobcat S175 | New Holland C232 |
|---|---|---|
| 0-999 hrs | $21,799 (2) | — |
| 1,000-1,999 hrs | $17,746 (14) | $45,372 (10) |
| 2,000-2,999 hrs | $18,994 (14) | — |
| 3,000-3,999 hrs | $17,541 (14) | $32,575 (2) |
| 4,000+ hrs | $15,232 (18) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S175 or C232 in Canada?
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