Key Takeaways

New vs. used CTL: at a glance

	New CTL	Used CTL
Upfront cost	Higher	Lower than new, varies by machine
Financing	Available through Butler’s finance network	Available through Butler’s finance network
Availability	Sold new through Butler’s ND and SD locations only	Subject to current used inventory; varies by location
History/condition	None — factory new	Varies by unit; ask for hours and service history

Upfront Cost

Used is the better fit if your priority is keeping cash outlay down. A used compact track loader will generally cost less than a new one, but how much less depends entirely on the specific machine. Hours, age, and condition all move the number. New is the better fit if you’d rather pay more upfront and skip the guesswork of evaluating a used unit’s history. Either way, your Butler Machinery sales rep can walk through pricing on both options and, for a used unit, explain how its hours, age, and condition factor into the price, so you land on what fits your application.

 

Financing Availability

Butler Machinery offers seasonally rotating finance offers backed by Caterpillar to help provide competitive rates whether you’re buying new or used equipment. Talk to your Butler rep about which financing structure fits your operation before you decide based on sticker price alone.

 

Availability, Selection, and Renting

A new compact track loader is the better fit if you want a specific configuration built to spec. Butler Machinery’s knowledgeable sales team can help configure the exact machine you need for your jobsite. Used equipment is the better fit if you need to move fast on whatever’s available, but selection depends on what’s currently in inventory, and that changes regularly. If neither timeline fits, or you’re not sure this is a long-term need, renting a Cat compact track loader is worth a look before you buy either way. Renting makes the most sense for short-term or seasonal jobs where owning the machine doesn’t pencil out. Ultimately, what’s best here depends on your jobsite, budget, and timeline for purchase.

 

Frequently Asked Questions

Is it worth buying a used compact track loader?

It depends on the specific machine. A used CTL can be a smart buy if you review its hours and service history and the price reflects its condition. There’s no blanket answer — it comes down to that unit, not “used” as a category.

What should I inspect before buying a used CTL?

At minimum, ask for the machine’s hours, service and maintenance history, and any known repairs. Talk to your local Butler branch about what documentation is available for a specific unit before you buy.

How do used Cat CTL prices compare to new?

Used typically costs less upfront, but the gap varies by machine, age, and hours.

What are the risks of buying used construction equipment?

The main risk is unknown history — wear, prior repairs, or hours that don’t match the asking price. That risk is manageable if you get the machine’s service records before buying, not after.

When does renting make more sense than buying?

Renting fits short-term or seasonal jobs where owning the machine doesn’t pay off over time. If you’re unsure whether you need long-term ownership, renting first is a reasonable way to find out.