Caterpillar 247B vs New Holland L185: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $20,679 for the New Holland L185. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $655 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →New Holland L185
SSL$20,679 CAD avg
$5,768
Low
$42,802
High
14
Sales
Avg 3,007 hours · 2006–2008 model years
Full price guide →What are the key differences between 247B and L185?
- Track Type: 247B is a compact track loader (CTL) while L185 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 247Bs average 3,652 hours while L185s average 3,007 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 247B or L185? Check current listings with Deal Scores.
Which is the better value: 247B or L185?
Choose the Caterpillar 247B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L185 if:
- You want lower upfront cost ($655 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 247B and L185 prices compare by year?
| Year | Caterpillar 247B | New Holland L185 |
|---|---|---|
| 2008 | — | $25,255 (8) |
| 2007 | $24,222 (4) | — |
| 2006 | $20,675 (4) | $14,578 (6) |
| 2005 | $16,881 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 247B and L185 prices compare by hours?
| Hours | Caterpillar 247B | New Holland L185 |
|---|---|---|
| 1,000-1,999 hrs | — | $33,089 (4) |
| 2,000-2,999 hrs | $24,225 (4) | $18,829 (4) |
| 3,000-3,999 hrs | $28,444 (2) | — |
| 4,000+ hrs | $14,890 (4) | $20,454 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 247B
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland L185
We'll send you current pricing and available units. No spam.