Caterpillar 118C vs New Holland C238: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $41,158 for the New Holland C238. That's a $37,925 difference. Based on 62 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 $37,925 less than the C238.
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 118C and C238 specs compare?
| Spec | Caterpillar 118C | New Holland C238 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 3,200 lbs |
| Operating Weight | — | 10,760 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 118C and C238?
- Price: The 118C is $37,925 cheaper on average (92% savings).
- Track Type: 118C 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 Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or C238? Check current listings with Deal Scores.
Which is the better value: 118C or C238?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($37,925 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C238 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 118C and C238 prices compare by year?
| Year | Caterpillar 118C | New Holland C238 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2016 | — | $40,115 (4) |
| 2015 | — | $51,282 (10) |
| 2014 | $2,032 (6) | $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 118C and C238 prices compare by hours?
| Hours | Caterpillar 118C | New Holland C238 |
|---|---|---|
| 0-999 hrs | — | $54,420 (6) |
| 1,000-1,999 hrs | — | $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 118C or C238 in Canada?
Caterpillar 118C
No active listings right now.
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