Caterpillar 262D3 vs New Holland L185: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $20,679 for the New Holland L185. That's a $14,253 difference. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L185 is the better value buy for most Canadian buyers, averaging $14,253 less than the 262D3.
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 L185
SSL$20,679 CAD avg
$5,768
Low
$42,802
High
14
Sales
Avg 3,007 hours · 2006–2008 model years
Full price guide →What are the key differences between 262D3 and L185?
- Price: The L185 is $14,253 cheaper on average (41% savings).
- Usage: Used 262D3s average 3,424 hours while L185s average 3,007 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or L185? Check current listings with Deal Scores.
Which is the better value: 262D3 or L185?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L185 if:
- You want lower upfront cost ($14,253 savings)
- You prefer New Holland's dealer network and parts availability
How do 262D3 and L185 prices compare by year?
| Year | Caterpillar 262D3 | New Holland L185 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2008 | — | $25,255 (8) |
| 2006 | — | $14,578 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and L185 prices compare by hours?
| Hours | Caterpillar 262D3 | New Holland L185 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 1,000-1,999 hrs | — | $33,089 (4) |
| 2,000-2,999 hrs | $42,560 (6) | $18,829 (4) |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | $20,454 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or L185 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 L185
No active listings right now.
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