Caterpillar 118C vs New Holland L160: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $16,526 for the New Holland L160. That's a $13,293 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 $13,293 less than the L160.
New Holland L160
SSL$16,526 CAD avg
$12,447
Low
$23,861
High
8
Sales
Avg 2,661 hours · 2006–2007 model years
Full price guide →What are the key differences between 118C and L160?
- Price: The 118C is $13,293 cheaper on average (80% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or L160? Check current listings with Deal Scores.
Which is the better value: 118C or L160?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($13,293 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L160 if:
- You prefer New Holland's dealer network and parts availability
How do 118C and L160 prices compare by year?
| Year | Caterpillar 118C | New Holland L160 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2007 | — | $22,936 (2) |
| 2006 | — | $14,390 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and L160 prices compare by hours?
| Hours | Caterpillar 118C | New Holland L160 |
|---|---|---|
| 1,000-1,999 hrs | — | $18,939 (4) |
| 3,000-3,999 hrs | — | $13,083 (2) |
| 4,000+ hrs | — | $15,144 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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