Caterpillar 248B vs New Holland L230: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $30,681 for the New Holland L230. That's a $14,271 difference. Based on 44 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 $14,271 less than the L230.
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 L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →What are the key differences between 248B and L230?
- Price: The 248B is $14,271 cheaper on average (47% savings).
- Usage: Used 248Bs average 4,803 hours while L230s average 1,509 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or L230? Check current listings with Deal Scores.
Which is the better value: 248B or L230?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($14,271 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You prefer New Holland's dealer network and parts availability
How do 248B and L230 prices compare by year?
| Year | Caterpillar 248B | New Holland L230 |
|---|---|---|
| 2017 | — | $62,780 (2) |
| 2015 | — | $32,746 (4) |
| 2014 | — | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
| 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 L230 prices compare by hours?
| Hours | Caterpillar 248B | New Holland L230 |
|---|---|---|
| 0-999 hrs | $22,270 (4) | $43,282 (6) |
| 1,000-1,999 hrs | — | $31,068 (10) |
| 2,000-2,999 hrs | $18,337 (2) | $31,179 (4) |
| 3,000-3,999 hrs | $14,322 (4) | $28,108 (2) |
| 4,000+ hrs | $13,251 (6) | — |
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 248B
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland L230
We'll send you current pricing and available units. No spam.