Caterpillar 118C vs New Holland C227: Which Is the Better Value?

| Based on 44 verified Canadian auction sales

The Caterpillar 118C averages $3,233 CAD at auction, compared to $31,504 for the New Holland C227. That's a $28,271 difference. Based on 44 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $28,271 less than the C227.

Caterpillar 118C

SSL

$3,233 CAD avg

$683

Low

$8,197

High

34

Sales

Full price guide →

New Holland C227

CTL

$31,504 CAD avg

$19,734

Low

$37,328

High

10

Sales

Avg 1,549 hours · 2011–2018 model years

Full price guide →

How do 118C and C227 specs compare?

Caterpillar 118C vs New Holland C227 specifications comparison
Spec Caterpillar 118C New Holland C227
Horsepower 74 hp
Rated Operating Capacity 2,100 lbs
Operating Weight 9,185 lbs
Lift Type vertical
Frame Size mid
High Flow 1 gpm

What are the key differences between 118C and C227?

  • Price: The 118C is $28,271 cheaper on average (90% savings).
  • Track Type: 118C is a wheeled skid steer (SSL) while C227 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.

Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.

Looking for a 118C or C227? Check current listings with Deal Scores.

Which is the better value: 118C or C227?

Choose the New Holland C227 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer New Holland's dealer network and parts availability

How do 118C and C227 prices compare by year?

Caterpillar 118C vs New Holland C227 prices by model year (CAD)
Year Caterpillar 118C New Holland C227
2022 $4,891 (2)
2019 $4,200 (2)
2018 $3,127 (2) $35,246 (2)
2017 $2,189 (2)
2014 $2,032 (6) $34,728 (2)
2012 $35,741 (2)
2011 $25,902 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 118C and C227 prices compare by hours?

Caterpillar 118C vs New Holland C227 prices by hours (CAD)
Hours Caterpillar 118C New Holland C227
0-999 hrs $34,728 (2)
1,000-1,999 hrs $33,340 (4)
2,000-2,999 hrs $20,865 (2)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 118C or C227 in Canada?

More Comparisons

Related Guides

Get Pricing

Get a Price Quote on Caterpillar 118C

We'll send you current pricing and available units. No spam.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.

Get a Price Quote on New Holland C227

We'll send you current pricing and available units. No spam.

By submitting, you agree to be contacted and for your info to be shared with dealers who may have matching equipment.