Caterpillar 289D3 vs New Holland L220: Which Is the Better Value?
The Caterpillar 289D3 averages $71,262 CAD at auction, compared to $21,360 for the New Holland L220. That's a $49,901 difference. Based on 58 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L220 is the better value buy for most Canadian buyers, averaging $49,901 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 L220
SSL$21,360 CAD avg
$8,956
Low
$29,639
High
10
Sales
Avg 2,797 hours · 2012–2015 model years
Full price guide →How do 289D3 and L220 specs compare?
| Spec | Caterpillar 289D3 | New Holland L220 |
|---|---|---|
| Horsepower | — | 68 hp |
| Rated Operating Capacity | — | 2,000 lbs |
| Operating Weight | — | 6,650 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 289D3 and L220?
- Price: The L220 is $49,901 cheaper on average (70% savings).
- Track Type: 289D3 is a compact track loader (CTL) while L220 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 L220s average 2,797 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 289D3 or L220? Check current listings with Deal Scores.
Which is the better value: 289D3 or L220?
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 L220 if:
- You want lower upfront cost ($49,901 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 289D3 and L220 prices compare by year?
| Year | Caterpillar 289D3 | New Holland L220 |
|---|---|---|
| 2023 | $97,053 (22) | — |
| 2022 | $70,206 (6) | — |
| 2021 | $35,654 (6) | — |
| 2020 | $43,561 (8) | — |
| 2019 | $50,295 (6) | — |
| 2015 | — | $27,111 (2) |
| 2013 | — | $15,136 (2) |
| 2012 | — | $21,518 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D3 and L220 prices compare by hours?
| Hours | Caterpillar 289D3 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $97,397 (24) | $28,861 (2) |
| 1,000-1,999 hrs | $63,219 (4) | $26,652 (2) |
| 2,000-2,999 hrs | $44,780 (7) | $27,111 (2) |
| 3,000-3,999 hrs | $41,957 (10) | — |
| 4,000+ hrs | $32,384 (3) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D3 or L220 in Canada?
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