Caterpillar 289D3 vs New Holland L785: Which Is the Better Value?
The Caterpillar 289D3 averages $71,262 CAD at auction, compared to $10,966 for the New Holland L785. That's a $60,296 difference. Based on 56 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 $60,296 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 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 289D3 and L785?
- Price: The L785 is $60,296 cheaper on average (85% savings).
- Track Type: 289D3 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 289D3s average 1,828 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 289D3 or L785? Check current listings with Deal Scores.
Which is the better value: 289D3 or L785?
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 L785 if:
- You want lower upfront cost ($60,296 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 289D3 and L785 prices compare by year?
| Year | Caterpillar 289D3 | New Holland L785 |
|---|---|---|
| 2023 | $97,053 (22) | — |
| 2022 | $70,206 (6) | — |
| 2021 | $35,654 (6) | — |
| 2020 | $43,561 (8) | — |
| 2019 | $50,295 (6) | — |
| 1994 | — | $13,446 (2) |
| 1990 | — | $11,756 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D3 and L785 prices compare by hours?
| Hours | Caterpillar 289D3 | New Holland L785 |
|---|---|---|
| 0-999 hrs | $97,397 (24) | — |
| 1,000-1,999 hrs | $63,219 (4) | — |
| 2,000-2,999 hrs | $44,780 (7) | — |
| 3,000-3,999 hrs | $41,957 (10) | $12,272 (4) |
| 4,000+ hrs | $32,384 (3) | $9,660 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D3 or L785 in Canada?
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