Caterpillar 246C vs New Holland L220: Which Is the Better Value?
The Caterpillar 246C averages $20,251 CAD at auction, compared to $21,360 for the New Holland L220. That's a $1,109 difference. Based on 49 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,109 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 246C
SSL$20,251 CAD avg
$7,286
Low
$34,905
High
39
Sales
Avg 5,344 hours · 2007–2013 model years
Full price guide →New Holland L220
SSL$21,360 CAD avg
$8,956
Low
$29,639
High
10
Sales
Avg 2,797 hours · 2012–2015 model years
Full price guide →How do 246C and L220 specs compare?
| Spec | Caterpillar 246C | New Holland L220 |
|---|---|---|
| Horsepower | — | 68 hp |
| Rated Operating Capacity | — | 2,000 lbs |
| Operating Weight | — | 6,650 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 246C and L220?
- Price: The 246C is $1,109 cheaper on average (5% savings).
- Usage: Used 246Cs average 5,344 hours while L220s average 2,797 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 246C or L220? Check current listings with Deal Scores.
Which is the better value: 246C or L220?
Choose the Caterpillar 246C if:
- You want lower upfront cost ($1,109 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L220 if:
- You prefer New Holland's dealer network and parts availability
How do 246C and L220 prices compare by year?
| Year | Caterpillar 246C | New Holland L220 |
|---|---|---|
| 2015 | — | $27,111 (2) |
| 2013 | $27,179 (2) | $15,136 (2) |
| 2012 | $23,133 (8) | $21,518 (6) |
| 2011 | $15,420 (10) | — |
| 2010 | $25,021 (10) | — |
| 2008 | $11,542 (6) | — |
| 2007 | $25,566 (3) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246C and L220 prices compare by hours?
| Hours | Caterpillar 246C | New Holland L220 |
|---|---|---|
| 0-999 hrs | $34,530 (2) | $28,861 (2) |
| 1,000-1,999 hrs | $27,768 (2) | $26,652 (2) |
| 2,000-2,999 hrs | $14,406 (2) | $27,111 (2) |
| 3,000-3,999 hrs | $22,295 (4) | — |
| 4,000+ hrs | $19,048 (27) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246C or L220 in Canada?
Caterpillar 246C
All Caterpillar 246C listings →More Comparisons
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