Caterpillar 262D3 vs New Holland L785: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $10,966 for the New Holland L785. That's a $23,967 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L785 is the better value buy for most Canadian buyers, averaging $23,967 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 L785
SSL$10,966 CAD avg
$6,982
Low
$13,686
High
8
Sales
Avg 4,186 hours · 1990–1994 model years
Full price guide →What are the key differences between 262D3 and L785?
- Price: The L785 is $23,967 cheaper on average (69% savings).
- Usage: Used 262D3s average 3,424 hours while L785s average 4,186 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or L785? Check current listings with Deal Scores.
Which is the better value: 262D3 or L785?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L785 if:
- You want lower upfront cost ($23,967 savings)
- You prefer New Holland's dealer network and parts availability
How do 262D3 and L785 prices compare by year?
| Year | Caterpillar 262D3 | New Holland L785 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 1994 | — | $13,446 (2) |
| 1990 | — | $11,756 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and L785 prices compare by hours?
| Hours | Caterpillar 262D3 | New Holland L785 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | $12,272 (4) |
| 4,000+ hrs | $31,531 (7) | $9,660 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or L785 in Canada?
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