Caterpillar 262D3 vs New Holland T185B: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $24,251 for the New Holland T185B. That's a $10,682 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland T185B is the better value buy for most Canadian buyers, averaging $10,682 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 T185B
CTL$24,251 CAD avg
$20,493
Low
$30,782
High
8
Sales
Avg 1,907 hours · 2005–2006 model years
Full price guide →What are the key differences between 262D3 and T185B?
- Price: The T185B is $10,682 cheaper on average (31% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while T185B 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 T185Bs average 1,907 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or T185B? Check current listings with Deal Scores.
Which is the better value: 262D3 or T185B?
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland T185B if:
- You want lower upfront cost ($10,682 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 262D3 and T185B prices compare by year?
| Year | Caterpillar 262D3 | New Holland T185B |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2006 | — | $28,673 (2) |
| 2005 | — | $22,777 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and T185B prices compare by hours?
| Hours | Caterpillar 262D3 | New Holland T185B |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $22,190 (2) |
| 1,000-1,999 hrs | — | $26,788 (4) |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | — |
| 4,000+ hrs | $31,531 (7) | $21,240 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or T185B 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 T185B
No active listings right now.
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