Bobcat S450 vs New Holland C238: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $41,158 for the New Holland C238. That's a $13,787 difference. Power-wise, the S450 offers 46 HP versus the C238's 90 HP. The S450 has 1,300 lb rated operating capacity vs 3,200 lb for the C238. Based on 43 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S450 is the better value buy for most Canadian buyers, averaging $13,787 less than the C238. The C238 is worth the premium if you specifically need the extra 44 HP or the higher 3,200 lb lifting capacity .
Bobcat S450
SSL$27,371 CAD avg
$15,938
Low
$46,423
High
15
Sales
Avg 1,463 hours · 2014–2020 model years
Full price guide →New Holland C238
CTL$41,158 CAD avg
$1,745
Low
$67,805
High
28
Sales
Avg 1,529 hours · 2011–2016 model years
Full price guide →How do S450 and C238 specs compare?
| Spec | Bobcat S450 | New Holland C238 |
|---|---|---|
| Horsepower | 46 hp | 90 hp |
| Rated Operating Capacity | 1,300 lbs | 3,200 lbs |
| Operating Weight | 5,215 lbs | 10,760 lbs |
| Lift Type | radial | vertical |
| Frame Size | small | large |
| High Flow | — | 1 gpm |
What are the key differences between S450 and C238?
- Price: The S450 is $13,787 cheaper on average (33% savings).
- Power: The C238 has 44 more horsepower (90 HP vs 46 HP).
- Lifting Capacity: The C238 lifts 1900 lbs more (3,200 lb ROC).
- Lift Type: S450 uses radial lift while C238 uses vertical lift.
- Track Type: S450 is a wheeled skid steer (SSL) while C238 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or C238? Check current listings with Deal Scores.
Which is the better value: S450 or C238?
Choose the Bobcat S450 if:
- You want lower upfront cost ($13,787 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C238 if:
- You need more power (90 HP)
- You need higher lifting capacity (3,200 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do S450 and C238 prices compare by year?
| Year | Bobcat S450 | New Holland C238 |
|---|---|---|
| 2020 | $41,814 (4) | — |
| 2019 | $20,700 (1) | — |
| 2016 | $21,800 (4) | $40,115 (4) |
| 2015 | $16,399 (2) | $51,282 (10) |
| 2014 | $25,651 (4) | $43,797 (4) |
| 2012 | — | $31,318 (6) |
| 2011 | — | $30,680 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and C238 prices compare by hours?
| Hours | Bobcat S450 | New Holland C238 |
|---|---|---|
| 0-999 hrs | $45,602 (2) | $54,420 (6) |
| 1,000-1,999 hrs | $24,566 (13) | $45,475 (12) |
| 2,000-2,999 hrs | — | $35,857 (6) |
| 3,000-3,999 hrs | — | $30,680 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or C238 in Canada?
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