Caterpillar 246B vs New Holland L555: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $6,587 for the New Holland L555. That's a $14,240 difference. Based on 28 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L555 is the better value buy for most Canadian buyers, averaging $14,240 less than the 246B.
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 L555
SSL$6,587 CAD avg
$3,263
Low
$13,953
High
12
Sales
Avg 3,597 hours · 1990–1991 model years
Full price guide →What are the key differences between 246B and L555?
- Price: The L555 is $14,240 cheaper on average (68% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 246B or L555? Check current listings with Deal Scores.
Which is the better value: 246B or L555?
Choose the Caterpillar 246B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L555 if:
- You want lower upfront cost ($14,240 savings)
- You prefer New Holland's dealer network and parts availability
How do 246B and L555 prices compare by year?
| Year | Caterpillar 246B | New Holland L555 |
|---|---|---|
| 2007 | $20,147 (2) | — |
| 2005 | $19,591 (10) | — |
| 2004 | $24,258 (4) | — |
| 1991 | — | $5,767 (2) |
| 1990 | — | $6,957 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246B and L555 prices compare by hours?
| Hours | Caterpillar 246B | New Holland L555 |
|---|---|---|
| 0-999 hrs | $28,987 (2) | — |
| 1,000-1,999 hrs | $26,128 (2) | — |
| 2,000-2,999 hrs | — | $5,154 (4) |
| 3,000-3,999 hrs | $17,992 (2) | $3,728 (2) |
| 4,000+ hrs | $18,332 (6) | $8,494 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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