Caterpillar 257B vs New Holland L555: Which Is the Better Value?
The Caterpillar 257B averages $24,517 CAD at auction, compared to $6,587 for the New Holland L555. That's a $17,930 difference. Based on 56 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L555 is the better value buy for most Canadian buyers, averaging $17,930 less than the 257B.
Caterpillar 257B
CTL$24,517 CAD avg
$14,117
Low
$40,227
High
44
Sales
Avg 3,222 hours · 2004–2012 model years
Full price guide →New Holland L555
SSL$6,587 CAD avg
$3,263
Low
$13,953
High
12
Sales
Avg 3,597 hours · 1990–1991 model years
Full price guide →What are the key differences between 257B and L555?
- Price: The L555 is $17,930 cheaper on average (73% savings).
- Track Type: 257B is a compact track loader (CTL) while L555 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 257Bs average 3,222 hours while L555s average 3,597 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 257B or L555? Check current listings with Deal Scores.
Which is the better value: 257B or L555?
Choose the Caterpillar 257B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L555 if:
- You want lower upfront cost ($17,930 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 257B and L555 prices compare by year?
| Year | Caterpillar 257B | New Holland L555 |
|---|---|---|
| 2012 | $29,982 (2) | — |
| 2010 | $24,913 (6) | — |
| 2007 | $26,812 (10) | — |
| 2006 | $25,899 (6) | — |
| 2005 | $22,967 (8) | — |
| 2004 | $21,837 (12) | — |
| 1991 | — | $5,767 (2) |
| 1990 | — | $6,957 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 257B and L555 prices compare by hours?
| Hours | Caterpillar 257B | New Holland L555 |
|---|---|---|
| 1,000-1,999 hrs | $25,467 (10) | — |
| 2,000-2,999 hrs | $23,790 (12) | $5,154 (4) |
| 3,000-3,999 hrs | $19,668 (4) | $3,728 (2) |
| 4,000+ hrs | $26,123 (14) | $8,494 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 257B or L555 in Canada?
Caterpillar 257B
2005 Caterpillar 257B
N/A hrs · London
$32,900 CAD
None Caterpillar 257B
486 hrs · Strathcona County
$45,500 CAD
2005 Caterpillar 257B
2,245 hrs · Watford
$32,900 CAD
New Holland L555
No active listings right now.
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