Caterpillar 262C vs New Holland L220: Which Is the Better Value?
The Caterpillar 262C averages $24,650 CAD at auction, compared to $21,360 for the New Holland L220. That's a $3,289 difference. Based on 68 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,289 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 262C
SSL$24,650 CAD avg
$8,652
Low
$42,504
High
58
Sales
Avg 5,083 hours · 2007–2013 model years
Full price guide →New Holland L220
SSL$21,360 CAD avg
$8,956
Low
$29,639
High
10
Sales
Avg 2,797 hours · 2012–2015 model years
Full price guide →How do 262C and L220 specs compare?
| Spec | Caterpillar 262C | New Holland L220 |
|---|---|---|
| Horsepower | — | 68 hp |
| Rated Operating Capacity | — | 2,000 lbs |
| Operating Weight | — | 6,650 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 262C and L220?
- Price: The L220 is $3,289 cheaper on average (13% savings).
- Usage: Used 262Cs average 5,083 hours while L220s average 2,797 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262C or L220? Check current listings with Deal Scores.
Which is the better value: 262C or L220?
Choose the Caterpillar 262C if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L220 if:
- You want lower upfront cost ($3,289 savings)
- You prefer New Holland's dealer network and parts availability
How do 262C and L220 prices compare by year?
| Year | Caterpillar 262C | New Holland L220 |
|---|---|---|
| 2015 | — | $27,111 (2) |
| 2013 | $30,390 (12) | $15,136 (2) |
| 2012 | $27,868 (12) | $21,518 (6) |
| 2011 | $22,886 (8) | — |
| 2010 | $15,881 (4) | — |
| 2009 | $22,832 (6) | — |
| 2008 | $20,450 (10) | — |
| 2007 | $28,880 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262C and L220 prices compare by hours?
| Hours | Caterpillar 262C | New Holland L220 |
|---|---|---|
| 0-999 hrs | — | $28,861 (2) |
| 1,000-1,999 hrs | — | $26,652 (2) |
| 2,000-2,999 hrs | $38,662 (4) | $27,111 (2) |
| 3,000-3,999 hrs | $29,756 (14) | — |
| 4,000+ hrs | $22,126 (38) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262C or L220 in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 262C
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland L220
We'll send you current pricing and available units. No spam.