Caterpillar 118C vs New Holland L230: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $30,681 for the New Holland L230. That's a $27,448 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 $27,448 less than the L230.
New Holland L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →What are the key differences between 118C and L230?
- Price: The 118C is $27,448 cheaper on average (89% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or L230? Check current listings with Deal Scores.
Which is the better value: 118C or L230?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($27,448 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You prefer New Holland's dealer network and parts availability
How do 118C and L230 prices compare by year?
| Year | Caterpillar 118C | New Holland L230 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | $62,780 (2) |
| 2015 | — | $32,746 (4) |
| 2014 | $2,032 (6) | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and L230 prices compare by hours?
| Hours | Caterpillar 118C | New Holland L230 |
|---|---|---|
| 0-999 hrs | — | $43,282 (6) |
| 1,000-1,999 hrs | — | $31,068 (10) |
| 2,000-2,999 hrs | — | $31,179 (4) |
| 3,000-3,999 hrs | — | $28,108 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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