Caterpillar 277B vs New Holland L785: Which Is the Better Value?
The Caterpillar 277B averages $22,804 CAD at auction, compared to $10,966 for the New Holland L785. That's a $11,838 difference. Based on 32 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 $11,838 less than the 277B.
Caterpillar 277B
CTL$22,804 CAD avg
$9,108
Low
$34,914
High
24
Sales
Avg 2,881 hours · 2004–2006 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 277B and L785?
- Price: The L785 is $11,838 cheaper on average (52% savings).
- Track Type: 277B is a compact track loader (CTL) while L785 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 277Bs average 2,881 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 277B or L785? Check current listings with Deal Scores.
Which is the better value: 277B or L785?
Choose the Caterpillar 277B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L785 if:
- You want lower upfront cost ($11,838 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 277B and L785 prices compare by year?
| Year | Caterpillar 277B | New Holland L785 |
|---|---|---|
| 2006 | $28,171 (4) | — |
| 2005 | $21,651 (12) | — |
| 2004 | $21,850 (8) | — |
| 1994 | — | $13,446 (2) |
| 1990 | — | $11,756 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 277B and L785 prices compare by hours?
| Hours | Caterpillar 277B | New Holland L785 |
|---|---|---|
| 0-999 hrs | $27,160 (2) | — |
| 1,000-1,999 hrs | $27,160 (2) | — |
| 2,000-2,999 hrs | $24,197 (6) | — |
| 3,000-3,999 hrs | $21,690 (2) | $12,272 (4) |
| 4,000+ hrs | $29,397 (4) | $9,660 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 277B or L785 in Canada?
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