Caterpillar 257B vs New Holland L783: Which Is the Better Value?
The Caterpillar 257B averages $24,517 CAD at auction, compared to $9,315 for the New Holland L783. That's a $15,201 difference. Based on 52 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L783 is the better value buy for most Canadian buyers, averaging $15,201 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 L783
SSL$9,315 CAD avg
$3,567
Low
$13,167
High
8
Sales
Avg 4,107 hours · 1990–1994 model years
Full price guide →What are the key differences between 257B and L783?
- Price: The L783 is $15,201 cheaper on average (62% savings).
- Track Type: 257B is a compact track loader (CTL) while L783 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 L783s average 4,107 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 257B or L783? Check current listings with Deal Scores.
Which is the better value: 257B or L783?
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 L783 if:
- You want lower upfront cost ($15,201 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 257B and L783 prices compare by year?
| Year | Caterpillar 257B | New Holland L783 |
|---|---|---|
| 2012 | $29,982 (2) | — |
| 2010 | $24,913 (6) | — |
| 2007 | $26,812 (10) | — |
| 2006 | $25,899 (6) | — |
| 2005 | $22,967 (8) | — |
| 2004 | $21,837 (12) | — |
| 1994 | — | $9,124 (2) |
| 1993 | — | $3,783 (2) |
| 1990 | — | $12,959 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 257B and L783 prices compare by hours?
| Hours | Caterpillar 257B | New Holland L783 |
|---|---|---|
| 1,000-1,999 hrs | $25,467 (10) | — |
| 2,000-2,999 hrs | $23,790 (12) | $9,124 (2) |
| 3,000-3,999 hrs | $19,668 (4) | $12,959 (2) |
| 4,000+ hrs | $26,123 (14) | $7,589 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 257B or L783 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 L783
No active listings right now.
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