New Holland C232 vs Vermeer S450T: Which Is the Better Value?

| Based on 23 verified Canadian auction sales

The New Holland C232 averages $39,742 CAD at auction, compared to $11,839 for the Vermeer S450T. That's a $27,902 difference. Based on 23 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Vermeer S450T is the better value buy for most Canadian buyers, averaging $27,902 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 S450T

SSL

$11,839 CAD avg

$8,280

Low

$18,363

High

9

Sales

Avg 1,022 hours · 2014–2019 model years

Full price guide →

How do C232 and S450T specs compare?

New Holland C232 vs Vermeer S450T specifications comparison
Spec New Holland C232 Vermeer S450T
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 S450T?

  • Price: The S450T is $27,902 cheaper on average (70% savings).
  • Track Type: C232 is a compact track loader (CTL) while S450T 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 S450Ts average 1,022 hours.

Both New Holland and Vermeer retain value well. See our depreciation guide for brand rankings.

Looking for a C232 or S450T? Check current listings with Deal Scores.

Which is the better value: C232 or S450T?

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

How do C232 and S450T prices compare by year?

New Holland C232 vs Vermeer S450T prices by model year (CAD)
Year New Holland C232 Vermeer S450T
2019 $9,230 (3)
2017 $52,192 (4)
2015 $10,571 (4)
2014 $32,575 (2) $18,289 (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 S450T prices compare by hours?

New Holland C232 vs Vermeer S450T prices by hours (CAD)
Hours New Holland C232 Vermeer S450T
0-999 hrs $14,953 (3)
1,000-1,999 hrs $45,372 (10) $10,571 (4)
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 S450T in Canada?

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