New Holland C232 vs Vermeer S925T: Which Is the Better Value?
The New Holland C232 averages $39,742 CAD at auction, compared to $25,322 for the Vermeer S925T. That's a $14,419 difference. Based on 51 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Vermeer S925T is the better value buy for most Canadian buyers, averaging $14,419 less than the C232.
New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 model years
Full price guide →Vermeer S925T
SSL$25,322 CAD avg
$9,660
Low
$35,271
High
37
Sales
Avg 1,049 hours · 2018–2023 model years
Full price guide →How do C232 and S925T specs compare?
| Spec | New Holland C232 | Vermeer S925T |
|---|---|---|
| Horsepower | 84 hp | — |
| Rated Operating Capacity | 2,700 lbs | — |
| Operating Weight | 10,085 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between C232 and S925T?
- Price: The S925T is $14,419 cheaper on average (36% savings).
- Track Type: C232 is a compact track loader (CTL) while S925T is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used C232s average 1,841 hours while S925Ts average 1,049 hours.
Both New Holland and Vermeer retain value well. See our depreciation guide for brand rankings.
Looking for a C232 or S925T? Check current listings with Deal Scores.
Which is the better value: C232 or S925T?
Choose the New Holland C232 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
Choose the Vermeer S925T if:
- You want lower upfront cost ($14,419 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Vermeer's dealer network and parts availability
How do C232 and S925T prices compare by year?
| Year | New Holland C232 | Vermeer S925T |
|---|---|---|
| 2023 | — | $29,416 (2) |
| 2021 | — | $25,317 (12) |
| 2020 | — | $27,034 (14) |
| 2019 | — | $22,091 (2) |
| 2018 | — | $21,661 (7) |
| 2017 | $52,192 (4) | — |
| 2014 | $32,575 (2) | — |
| 2013 | $45,914 (4) | — |
| 2012 | $18,756 (2) | — |
| 2011 | $30,651 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do C232 and S925T prices compare by hours?
| Hours | New Holland C232 | Vermeer S925T |
|---|---|---|
| 0-999 hrs | — | $26,380 (22) |
| 1,000-1,999 hrs | $45,372 (10) | $24,139 (14) |
| 2,000-2,999 hrs | — | $18,630 (1) |
| 3,000-3,999 hrs | $32,575 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a C232 or S925T in Canada?
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