Caterpillar 262C2 vs New Holland C238: Which Is the Better Value?

| Based on 37 verified Canadian auction sales

The Caterpillar 262C2 averages $27,134 CAD at auction, compared to $41,158 for the New Holland C238. That's a $14,023 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 262C2 is the better value buy for most Canadian buyers, averaging $14,023 less than the C238.

Caterpillar 262C2

SSL

$27,134 CAD avg

$13,109

Low

$52,311

High

9

Sales

Avg 5,484 hours · 2012–2013 model years

Full price guide →

New Holland C238

CTL

$41,158 CAD avg

$1,745

Low

$67,805

High

28

Sales

Avg 1,529 hours · 2011–2016 model years

Full price guide →

How do 262C2 and C238 specs compare?

Caterpillar 262C2 vs New Holland C238 specifications comparison
Spec Caterpillar 262C2 New Holland C238
Horsepower 90 hp
Rated Operating Capacity 3,200 lbs
Operating Weight 10,760 lbs
Lift Type vertical
Frame Size large
High Flow 1 gpm

What are the key differences between 262C2 and C238?

  • Price: The 262C2 is $14,023 cheaper on average (34% savings).
  • Track Type: 262C2 is a wheeled skid steer (SSL) while C238 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 262C2s average 5,484 hours while C238s average 1,529 hours.

Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.

Looking for a 262C2 or C238? Check current listings with Deal Scores.

Which is the better value: 262C2 or C238?

Choose the New Holland C238 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer New Holland's dealer network and parts availability

How do 262C2 and C238 prices compare by year?

Caterpillar 262C2 vs New Holland C238 prices by model year (CAD)
Year Caterpillar 262C2 New Holland C238
2016 $40,115 (4)
2015 $51,282 (10)
2014 $43,797 (4)
2013 $19,553 (5)
2012 $36,611 (4) $31,318 (6)
2011 $30,680 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 262C2 and C238 prices compare by hours?

Caterpillar 262C2 vs New Holland C238 prices by hours (CAD)
Hours Caterpillar 262C2 New Holland C238
0-999 hrs $51,202 (2) $54,420 (6)
1,000-1,999 hrs $45,475 (12)
2,000-2,999 hrs $35,857 (6)
3,000-3,999 hrs $30,680 (2)
4,000+ hrs $19,384 (5)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 262C2 or C238 in Canada?

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