Caterpillar 226B vs New Holland C232: Which Is the Better Value?
The Caterpillar 226B averages $15,990 CAD at auction, compared to $39,742 for the New Holland C232. That's a $23,752 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 226B is the better value buy for most Canadian buyers, averaging $23,752 less than the C232.
Caterpillar 226B
SSL$15,990 CAD avg
$6,223
Low
$24,287
High
23
Sales
Avg 3,098 hours · 2004–2011 model years
Full price guide →New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 model years
Full price guide →How do 226B and C232 specs compare?
| Spec | Caterpillar 226B | New Holland C232 |
|---|---|---|
| Horsepower | — | 84 hp |
| Rated Operating Capacity | — | 2,700 lbs |
| Operating Weight | — | 10,085 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 226B and C232?
- Price: The 226B is $23,752 cheaper on average (60% savings).
- Track Type: 226B is a wheeled skid steer (SSL) while C232 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 226Bs average 3,098 hours while C232s average 1,841 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 226B or C232? Check current listings with Deal Scores.
Which is the better value: 226B or C232?
Choose the Caterpillar 226B if:
- You want lower upfront cost ($23,752 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C232 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 226B and C232 prices compare by year?
| Year | Caterpillar 226B | New Holland C232 |
|---|---|---|
| 2017 | — | $52,192 (4) |
| 2014 | — | $32,575 (2) |
| 2013 | — | $45,914 (4) |
| 2012 | — | $18,756 (2) |
| 2011 | $15,749 (4) | $30,651 (2) |
| 2006 | $16,779 (4) | — |
| 2005 | $19,095 (3) | — |
| 2004 | $16,773 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226B and C232 prices compare by hours?
| Hours | Caterpillar 226B | New Holland C232 |
|---|---|---|
| 0-999 hrs | $16,289 (2) | — |
| 1,000-1,999 hrs | $17,269 (2) | $45,372 (10) |
| 2,000-2,999 hrs | $20,972 (6) | — |
| 3,000-3,999 hrs | $13,659 (4) | $32,575 (2) |
| 4,000+ hrs | $15,041 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 226B or C232 in Canada?
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