Caterpillar 262D3 vs New Holland C245: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $73,780 for the New Holland C245. That's a $38,846 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D3 is the better value buy for most Canadian buyers, averaging $38,846 less than the C245.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →New Holland C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do 262D3 and C245 specs compare?
| Spec | Caterpillar 262D3 | New Holland C245 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 4,500 lbs |
| Operating Weight | — | 12,920 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 262D3 and C245?
- Price: The 262D3 is $38,846 cheaper on average (53% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while C245 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 262D3s average 3,424 hours while C245s average 1,061 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or C245? Check current listings with Deal Scores.
Which is the better value: 262D3 or C245?
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($38,846 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C245 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 262D3 and C245 prices compare by year?
| Year | Caterpillar 262D3 | New Holland C245 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2019 | — | $93,043 (2) |
| 2018 | — | $64,742 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and C245 prices compare by hours?
| Hours | Caterpillar 262D3 | New Holland C245 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $93,043 (2) |
| 1,000-1,999 hrs | — | $64,149 (4) |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or C245 in Canada?
Caterpillar 262D3
2020 Caterpillar 262D3
1,243 hrs · Lacombe
$69,998 CAD
2023 Caterpillar 262D3
384 hrs · Castlegar
$74,998 CAD
2021 Caterpillar 262D3
72 hrs · Brandon
$53,750 CAD
2023 Caterpillar 262D3
494 hrs · Prince George
$82,500 CAD
New Holland C245
No active listings right now.
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