Caterpillar 256C vs New Holland L160: Which Is the Better Value?
The Caterpillar 256C averages $23,179 CAD at auction, compared to $16,526 for the New Holland L160. That's a $6,653 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L160 is the better value buy for most Canadian buyers, averaging $6,653 less than the 256C.
Caterpillar 256C
CTL$23,179 CAD avg
$12,447
Low
$36,354
High
8
Sales
Avg 6,922 hours · 2007–2010 model years
Full price guide →New Holland L160
SSL$16,526 CAD avg
$12,447
Low
$23,861
High
8
Sales
Avg 2,661 hours · 2006–2007 model years
Full price guide →What are the key differences between 256C and L160?
- Price: The L160 is $6,653 cheaper on average (29% savings).
- Track Type: 256C is a compact track loader (CTL) while L160 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 256Cs average 6,922 hours while L160s average 2,661 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 256C or L160? Check current listings with Deal Scores.
Which is the better value: 256C or L160?
Choose the Caterpillar 256C if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L160 if:
- You want lower upfront cost ($6,653 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 256C and L160 prices compare by year?
| Year | Caterpillar 256C | New Holland L160 |
|---|---|---|
| 2010 | $22,336 (4) | — |
| 2008 | $35,254 (2) | — |
| 2007 | $12,791 (2) | $22,936 (2) |
| 2006 | — | $14,390 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 256C and L160 prices compare by hours?
| Hours | Caterpillar 256C | New Holland L160 |
|---|---|---|
| 1,000-1,999 hrs | — | $18,939 (4) |
| 2,000-2,999 hrs | $35,254 (2) | — |
| 3,000-3,999 hrs | — | $13,083 (2) |
| 4,000+ hrs | $17,180 (4) | $15,144 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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