Caterpillar 226D3 vs New Holland C232: Which Is the Better Value?
The Caterpillar 226D3 averages $35,287 CAD at auction, compared to $39,742 for the New Holland C232. That's a $4,455 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,455 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 226D3
SSL$35,287 CAD avg
$20,493
Low
$55,199
High
8
Sales
Avg 739 hours · 2020–2024 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 226D3 and C232 specs compare?
| Spec | Caterpillar 226D3 | 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 226D3 and C232?
- Price: The 226D3 is $4,455 cheaper on average (11% savings).
- Track Type: 226D3 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 226D3s average 739 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 226D3 or C232? Check current listings with Deal Scores.
Which is the better value: 226D3 or C232?
Choose the Caterpillar 226D3 if:
- You want lower upfront cost ($4,455 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 226D3 and C232 prices compare by year?
| Year | Caterpillar 226D3 | New Holland C232 |
|---|---|---|
| 2024 | $45,999 (3) | — |
| 2023 | $37,260 (2) | — |
| 2022 | $27,599 (1) | — |
| 2020 | $21,088 (2) | — |
| 2017 | — | $52,192 (4) |
| 2014 | — | $32,575 (2) |
| 2013 | — | $45,914 (4) |
| 2012 | — | $18,756 (2) |
| 2011 | — | $30,651 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226D3 and C232 prices compare by hours?
| Hours | Caterpillar 226D3 | New Holland C232 |
|---|---|---|
| 0-999 hrs | $40,019 (6) | — |
| 1,000-1,999 hrs | $21,088 (2) | $45,372 (10) |
| 3,000-3,999 hrs | — | $32,575 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 226D3 or C232 in Canada?
Caterpillar 226D3
No active listings right now.
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