Caterpillar 262D vs New Holland L228: Which Is the Better Value?
The Caterpillar 262D averages $27,304 CAD at auction, compared to $24,977 for the New Holland L228. That's a $2,327 difference. Based on 105 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,327 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →New Holland L228
SSL$24,977 CAD avg
$13,813
Low
$43,027
High
14
Sales
Avg 2,064 hours · 2015–2019 model years
Full price guide →How do 262D and L228 specs compare?
| Spec | Caterpillar 262D | New Holland L228 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,400 lbs |
| Operating Weight | — | 7,560 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 262D and L228?
- Price: The L228 is $2,327 cheaper on average (9% savings).
- Usage: Used 262Ds average 3,845 hours while L228s average 2,064 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262D or L228? Check current listings with Deal Scores.
Which is the better value: 262D or L228?
Choose the Caterpillar 262D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L228 if:
- You want lower upfront cost ($2,327 savings)
- You prefer New Holland's dealer network and parts availability
How do 262D and L228 prices compare by year?
| Year | Caterpillar 262D | New Holland L228 |
|---|---|---|
| 2019 | $23,439 (4) | $26,965 (2) |
| 2018 | $26,302 (14) | $19,998 (4) |
| 2017 | $24,194 (16) | — |
| 2016 | $31,259 (12) | $22,083 (6) |
| 2015 | $31,425 (17) | $41,627 (2) |
| 2014 | $23,830 (22) | — |
| 2013 | $42,801 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D and L228 prices compare by hours?
| Hours | Caterpillar 262D | New Holland L228 |
|---|---|---|
| 0-999 hrs | $47,156 (4) | — |
| 1,000-1,999 hrs | $34,947 (14) | $33,937 (6) |
| 2,000-2,999 hrs | $29,670 (18) | $19,998 (4) |
| 3,000-3,999 hrs | $24,712 (11) | $14,846 (2) |
| 4,000+ hrs | $22,850 (38) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D or L228 in Canada?
Caterpillar 262D
2019 Caterpillar 262D
3,000 hrs · Calgary
$45,000 CAD
2015 Caterpillar 262D
3,166 hrs · Kingston
$39,900 CAD
2016 Caterpillar 262D
4,133 hrs · Caledonia
$46,900 CAD
2018 Caterpillar 262D
4,869 hrs · Surrey
$33,100 CAD
New Holland L228
No active listings right now.
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