Caterpillar 248B vs New Holland L785: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $10,966 for the New Holland L785. That's a $5,443 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L785 is the better value buy for most Canadian buyers, averaging $5,443 less than the 248B.
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 L785
SSL$10,966 CAD avg
$6,982
Low
$13,686
High
8
Sales
Avg 4,186 hours · 1990–1994 model years
Full price guide →What are the key differences between 248B and L785?
- Price: The L785 is $5,443 cheaper on average (33% savings).
- Usage: Used 248Bs average 4,803 hours while L785s average 4,186 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or L785? Check current listings with Deal Scores.
Which is the better value: 248B or L785?
Choose the Caterpillar 248B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L785 if:
- You want lower upfront cost ($5,443 savings)
- You prefer New Holland's dealer network and parts availability
How do 248B and L785 prices compare by year?
| Year | Caterpillar 248B | New Holland L785 |
|---|---|---|
| 2007 | $18,337 (2) | — |
| 2006 | $13,251 (6) | — |
| 2005 | $17,812 (6) | — |
| 2004 | $19,747 (2) | — |
| 1994 | — | $13,446 (2) |
| 1990 | — | $11,756 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 248B and L785 prices compare by hours?
| Hours | Caterpillar 248B | New Holland L785 |
|---|---|---|
| 0-999 hrs | $22,270 (4) | — |
| 2,000-2,999 hrs | $18,337 (2) | — |
| 3,000-3,999 hrs | $14,322 (4) | $12,272 (4) |
| 4,000+ hrs | $13,251 (6) | $9,660 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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