Caterpillar 246B vs New Holland C232: Which Is the Better Value?

| Based on 30 verified Canadian auction sales

The Caterpillar 246B averages $20,827 CAD at auction, compared to $39,742 for the New Holland C232. That's a $18,914 difference. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 246B is the better value buy for most Canadian buyers, averaging $18,914 less than the C232.

Caterpillar 246B

SSL

$20,827 CAD avg

$14,724

Low

$29,891

High

16

Sales

Avg 3,676 hours · 2004–2007 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 246B and C232 specs compare?

Caterpillar 246B vs New Holland C232 specifications comparison
Spec Caterpillar 246B 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 246B and C232?

  • Price: The 246B is $18,914 cheaper on average (48% savings).
  • Track Type: 246B 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 246Bs average 3,676 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 246B or C232? Check current listings with Deal Scores.

Which is the better value: 246B or C232?

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 246B and C232 prices compare by year?

Caterpillar 246B vs New Holland C232 prices by model year (CAD)
Year Caterpillar 246B New Holland C232
2017 $52,192 (4)
2014 $32,575 (2)
2013 $45,914 (4)
2012 $18,756 (2)
2011 $30,651 (2)
2007 $20,147 (2)
2005 $19,591 (10)
2004 $24,258 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 246B and C232 prices compare by hours?

Caterpillar 246B vs New Holland C232 prices by hours (CAD)
Hours Caterpillar 246B New Holland C232
0-999 hrs $28,987 (2)
1,000-1,999 hrs $26,128 (2) $45,372 (10)
3,000-3,999 hrs $17,992 (2) $32,575 (2)
4,000+ hrs $18,332 (6)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 246B or C232 in Canada?

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