Caterpillar 247B vs New Holland C245: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $73,780 for the New Holland C245. That's a $52,445 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 247B is the better value buy for most Canadian buyers, averaging $52,445 less than the C245.
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 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 247B and C245 specs compare?
| Spec | Caterpillar 247B | 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 247B and C245?
- Price: The 247B is $52,445 cheaper on average (71% savings).
- Usage: Used 247Bs average 3,652 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 247B or C245? Check current listings with Deal Scores.
Which is the better value: 247B or C245?
Choose the Caterpillar 247B if:
- You want lower upfront cost ($52,445 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C245 if:
- You prefer New Holland's dealer network and parts availability
How do 247B and C245 prices compare by year?
| Year | Caterpillar 247B | New Holland C245 |
|---|---|---|
| 2019 | — | $93,043 (2) |
| 2018 | — | $64,742 (2) |
| 2007 | $24,222 (4) | — |
| 2006 | $20,675 (4) | — |
| 2005 | $16,881 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 247B and C245 prices compare by hours?
| Hours | Caterpillar 247B | New Holland C245 |
|---|---|---|
| 0-999 hrs | — | $93,043 (2) |
| 1,000-1,999 hrs | — | $64,149 (4) |
| 2,000-2,999 hrs | $24,225 (4) | — |
| 3,000-3,999 hrs | $28,444 (2) | — |
| 4,000+ hrs | $14,890 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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