Caterpillar 248B vs New Holland C232: Which Is the Better Value?

| Based on 30 verified Canadian auction sales

The Caterpillar 248B averages $16,409 CAD at auction, compared to $39,742 for the New Holland C232. That's a $23,332 difference. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 248B is the better value buy for most Canadian buyers, averaging $23,332 less than the C232.

Caterpillar 248B

SSL

$16,409 CAD avg

$7,286

Low

$28,841

High

16

Sales

Avg 4,803 hours · 2004–2007 model years

Full price guide →

New Holland C232

CTL

$39,742 CAD avg

$17,457

Low

$60,253

High

14

Sales

Avg 1,841 hours · 2011–2017 model years

Full price guide →

How do 248B and C232 specs compare?

Caterpillar 248B vs New Holland C232 specifications comparison
Spec Caterpillar 248B New Holland C232
Horsepower 84 hp
Rated Operating Capacity 2,700 lbs
Operating Weight 10,085 lbs
Lift Type vertical
Frame Size mid
High Flow 1 gpm

What are the key differences between 248B and C232?

  • Price: The 248B is $23,332 cheaper on average (59% savings).
  • Track Type: 248B is a wheeled skid steer (SSL) while C232 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 248Bs average 4,803 hours while C232s average 1,841 hours.

Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.

Looking for a 248B or C232? Check current listings with Deal Scores.

Which is the better value: 248B or C232?

Choose the New Holland C232 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer New Holland's dealer network and parts availability

How do 248B and C232 prices compare by year?

Caterpillar 248B vs New Holland C232 prices by model year (CAD)
Year Caterpillar 248B New Holland C232
2017 $52,192 (4)
2014 $32,575 (2)
2013 $45,914 (4)
2012 $18,756 (2)
2011 $30,651 (2)
2007 $18,337 (2)
2006 $13,251 (6)
2005 $17,812 (6)
2004 $19,747 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 248B and C232 prices compare by hours?

Caterpillar 248B vs New Holland C232 prices by hours (CAD)
Hours Caterpillar 248B New Holland C232
0-999 hrs $22,270 (4)
1,000-1,999 hrs $45,372 (10)
2,000-2,999 hrs $18,337 (2)
3,000-3,999 hrs $14,322 (4) $32,575 (2)
4,000+ hrs $13,251 (6)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 248B or C232 in Canada?

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