Caterpillar 256C vs New Holland L230: Which Is the Better Value?
The Caterpillar 256C averages $23,179 CAD at auction, compared to $30,681 for the New Holland L230. That's a $7,501 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 256C is the better value buy for most Canadian buyers, averaging $7,501 less than the L230.
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 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 256C and L230?
- Price: The 256C is $7,501 cheaper on average (24% savings).
- Track Type: 256C is a compact track loader (CTL) while L230 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 L230s average 1,509 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 256C or L230? Check current listings with Deal Scores.
Which is the better value: 256C or L230?
Choose the Caterpillar 256C if:
- You want lower upfront cost ($7,501 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L230 if:
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 256C and L230 prices compare by year?
| Year | Caterpillar 256C | New Holland L230 |
|---|---|---|
| 2017 | — | $62,780 (2) |
| 2015 | — | $32,746 (4) |
| 2014 | — | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
| 2010 | $22,336 (4) | — |
| 2008 | $35,254 (2) | — |
| 2007 | $12,791 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 256C and L230 prices compare by hours?
| Hours | Caterpillar 256C | New Holland L230 |
|---|---|---|
| 0-999 hrs | — | $43,282 (6) |
| 1,000-1,999 hrs | — | $31,068 (10) |
| 2,000-2,999 hrs | $35,254 (2) | $31,179 (4) |
| 3,000-3,999 hrs | — | $28,108 (2) |
| 4,000+ hrs | $17,180 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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