Caterpillar 277C vs New Holland L228: Which Is the Better Value?
The Caterpillar 277C averages $31,968 CAD at auction, compared to $24,977 for the New Holland L228. That's a $6,991 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L228 is the better value buy for most Canadian buyers, averaging $6,991 less than the 277C.
Caterpillar 277C
CTL$31,968 CAD avg
$14,572
Low
$48,575
High
18
Sales
Avg 4,062 hours · 2007–2013 model years
Full price guide →New Holland L228
SSL$24,977 CAD avg
$13,813
Low
$43,027
High
14
Sales
Avg 2,064 hours · 2015–2019 model years
Full price guide →How do 277C and L228 specs compare?
| Spec | Caterpillar 277C | New Holland L228 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,400 lbs |
| Operating Weight | — | 7,560 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 277C and L228?
- Price: The L228 is $6,991 cheaper on average (22% savings).
- Track Type: 277C is a compact track loader (CTL) while L228 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 277Cs average 4,062 hours while L228s average 2,064 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 277C or L228? Check current listings with Deal Scores.
Which is the better value: 277C or L228?
Choose the Caterpillar 277C if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L228 if:
- You want lower upfront cost ($6,991 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 277C and L228 prices compare by year?
| Year | Caterpillar 277C | New Holland L228 |
|---|---|---|
| 2019 | — | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2016 | — | $22,083 (6) |
| 2015 | — | $41,627 (2) |
| 2013 | $36,640 (4) | — |
| 2011 | $15,129 (2) | — |
| 2010 | $46,484 (2) | — |
| 2009 | $17,075 (2) | — |
| 2008 | $36,551 (6) | — |
| 2007 | $26,092 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 277C and L228 prices compare by hours?
| Hours | Caterpillar 277C | New Holland L228 |
|---|---|---|
| 1,000-1,999 hrs | — | $33,937 (6) |
| 2,000-2,999 hrs | $36,792 (2) | $19,998 (4) |
| 3,000-3,999 hrs | $30,951 (8) | $14,846 (2) |
| 4,000+ hrs | $36,680 (6) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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