Caterpillar 226B vs New Holland C245: Which Is the Better Value?

| Based on 29 verified Canadian auction sales

The Caterpillar 226B averages $15,990 CAD at auction, compared to $73,780 for the New Holland C245. That's a $57,790 difference. Based on 29 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 $57,790 less than the C245.

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 C245

CTL

$73,780 CAD avg

$59,960

Low

$98,042

High

6

Sales

Avg 1,061 hours · 2018–2019 model years

Full price guide →

How do 226B and C245 specs compare?

Caterpillar 226B vs New Holland C245 specifications comparison
Spec Caterpillar 226B New Holland C245
Horsepower 90 hp
Rated Operating Capacity 4,500 lbs
Operating Weight 12,920 lbs
Lift Type vertical
Frame Size large
High Flow 1 gpm

What are the key differences between 226B and C245?

  • Price: The 226B is $57,790 cheaper on average (78% savings).
  • Track Type: 226B is a wheeled skid steer (SSL) while C245 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 C245s average 1,061 hours.

Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.

Looking for a 226B or C245? Check current listings with Deal Scores.

Which is the better value: 226B or C245?

Choose the New Holland C245 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer New Holland's dealer network and parts availability

How do 226B and C245 prices compare by year?

Caterpillar 226B vs New Holland C245 prices by model year (CAD)
Year Caterpillar 226B New Holland C245
2019 $93,043 (2)
2018 $64,742 (2)
2011 $15,749 (4)
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 C245 prices compare by hours?

Caterpillar 226B vs New Holland C245 prices by hours (CAD)
Hours Caterpillar 226B New Holland C245
0-999 hrs $16,289 (2) $93,043 (2)
1,000-1,999 hrs $17,269 (2) $64,149 (4)
2,000-2,999 hrs $20,972 (6)
3,000-3,999 hrs $13,659 (4)
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 C245 in Canada?

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