Caterpillar 118C vs New Holland L783: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $9,315 for the New Holland L783. That's a $6,082 difference. Based on 42 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 $6,082 less than the L783.
New Holland L783
SSL$9,315 CAD avg
$3,567
Low
$13,167
High
8
Sales
Avg 4,107 hours · 1990–1994 model years
Full price guide →What are the key differences between 118C and L783?
- Price: The 118C is $6,082 cheaper on average (65% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or L783? Check current listings with Deal Scores.
Which is the better value: 118C or L783?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($6,082 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L783 if:
- You prefer New Holland's dealer network and parts availability
How do 118C and L783 prices compare by year?
| Year | Caterpillar 118C | New Holland L783 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 1994 | — | $9,124 (2) |
| 1993 | — | $3,783 (2) |
| 1990 | — | $12,959 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and L783 prices compare by hours?
| Hours | Caterpillar 118C | New Holland L783 |
|---|---|---|
| 2,000-2,999 hrs | — | $9,124 (2) |
| 3,000-3,999 hrs | — | $12,959 (2) |
| 4,000+ hrs | — | $7,589 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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