Caterpillar 289D3 vs New Holland L783: Which Is the Better Value?
The Caterpillar 289D3 averages $71,262 CAD at auction, compared to $9,315 for the New Holland L783. That's a $61,947 difference. Based on 56 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L783 is the better value buy for most Canadian buyers, averaging $61,947 less than the 289D3.
Caterpillar 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 model years
Full price guide →New Holland L783
SSL$9,315 CAD avg
$3,567
Low
$13,167
High
8
Sales
Avg 4,107 hours · 1990–1994 model years
Full price guide →What are the key differences between 289D3 and L783?
- Price: The L783 is $61,947 cheaper on average (87% savings).
- Track Type: 289D3 is a compact track loader (CTL) while L783 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 289D3s average 1,828 hours while L783s average 4,107 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 289D3 or L783? Check current listings with Deal Scores.
Which is the better value: 289D3 or L783?
Choose the Caterpillar 289D3 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L783 if:
- You want lower upfront cost ($61,947 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 289D3 and L783 prices compare by year?
| Year | Caterpillar 289D3 | New Holland L783 |
|---|---|---|
| 2023 | $97,053 (22) | — |
| 2022 | $70,206 (6) | — |
| 2021 | $35,654 (6) | — |
| 2020 | $43,561 (8) | — |
| 2019 | $50,295 (6) | — |
| 1994 | — | $9,124 (2) |
| 1993 | — | $3,783 (2) |
| 1990 | — | $12,959 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D3 and L783 prices compare by hours?
| Hours | Caterpillar 289D3 | New Holland L783 |
|---|---|---|
| 0-999 hrs | $97,397 (24) | — |
| 1,000-1,999 hrs | $63,219 (4) | — |
| 2,000-2,999 hrs | $44,780 (7) | $9,124 (2) |
| 3,000-3,999 hrs | $41,957 (10) | $12,959 (2) |
| 4,000+ hrs | $32,384 (3) | $7,589 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D3 or L783 in Canada?
Caterpillar 289D3
2022 Caterpillar 289D3
1,387 hrs · Edmonton
$100,000 CAD
2022 Caterpillar 289D3
N/A hrs · Brandon
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Saskatoon
$109,998 CAD
2022 Caterpillar 289D3
N/A hrs · Edmonton
$109,998 CAD
New Holland L783
No active listings right now.
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