Caterpillar 216B vs New Holland L783: Which Is the Better Value?
The Caterpillar 216B averages $10,126 CAD at auction, compared to $9,315 for the New Holland L783. Based on 19 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $811 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 216B
SSL$10,126 CAD avg
$4,001
Low
$18,088
High
11
Sales
Avg 2,042 hours · 2005–2007 model years
Full price guide →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 216B and L783?
- Usage: Used 216Bs average 2,042 hours while L783s average 4,107 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 216B or L783? Check current listings with Deal Scores.
Which is the better value: 216B or L783?
Choose the Caterpillar 216B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L783 if:
- You want lower upfront cost ($811 savings)
- You prefer New Holland's dealer network and parts availability
How do 216B and L783 prices compare by year?
| Year | Caterpillar 216B | New Holland L783 |
|---|---|---|
| 2007 | $4,371 (2) | — |
| 2006 | $17,772 (2) | — |
| 2005 | $10,517 (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 216B and L783 prices compare by hours?
| Hours | Caterpillar 216B | New Holland L783 |
|---|---|---|
| 0-999 hrs | $10,721 (4) | — |
| 2,000-2,999 hrs | — | $9,124 (2) |
| 3,000-3,999 hrs | — | $12,959 (2) |
| 4,000+ hrs | $17,772 (2) | $7,589 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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