Caterpillar 246B vs New Holland C245: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $73,780 for the New Holland C245. That's a $52,952 difference. Based on 22 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 $52,952 less than the C245.
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 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 246B and C245 specs compare?
| Spec | Caterpillar 246B | 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 246B and C245?
- Price: The 246B is $52,952 cheaper on average (72% savings).
- Track Type: 246B 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 246Bs average 3,676 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 246B or C245? Check current listings with Deal Scores.
Which is the better value: 246B or C245?
Choose the Caterpillar 246B if:
- You want lower upfront cost ($52,952 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
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 246B and C245 prices compare by year?
| Year | Caterpillar 246B | New Holland C245 |
|---|---|---|
| 2019 | — | $93,043 (2) |
| 2018 | — | $64,742 (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 C245 prices compare by hours?
| Hours | Caterpillar 246B | New Holland C245 |
|---|---|---|
| 0-999 hrs | $28,987 (2) | $93,043 (2) |
| 1,000-1,999 hrs | $26,128 (2) | $64,149 (4) |
| 3,000-3,999 hrs | $17,992 (2) | — |
| 4,000+ hrs | $18,332 (6) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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