Bobcat S550 vs New Holland L218: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $18,992 for the New Holland L218. That's a $4,457 difference. Power-wise, the S550 offers 46 HP versus the L218's 60 HP. The S550 has 1,550 lb rated operating capacity vs 1,800 lb for the L218. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,457 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S550
SSL$23,450 CAD avg
$1,931
Low
$47,816
High
24
Sales
Avg 2,354 hours · 2015–2020 model years
Full price guide →New Holland L218
SSL$18,992 CAD avg
$9,715
Low
$36,332
High
8
Sales
Avg 3,003 hours · 2011–2012 model years
Full price guide →How do S550 and L218 specs compare?
| Spec | Bobcat S550 | New Holland L218 |
|---|---|---|
| Horsepower | 46 hp | 60 hp |
| Rated Operating Capacity | 1,550 lbs | 1,800 lbs |
| Operating Weight | 5,670 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | small | small |
| High Flow | — | 1 gpm |
What are the key differences between S550 and L218?
- Price: The L218 is $4,457 cheaper on average (19% savings).
- Power: The L218 has 14 more horsepower (60 HP vs 46 HP).
- Lifting Capacity: The L218 lifts 250 lbs more (1,800 lb ROC).
- Lift Type: S550 uses vertical lift while L218 uses radial lift.
- Usage: Used S550s average 2,354 hours while L218s average 3,003 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or L218? Check current listings with Deal Scores.
Which is the better value: S550 or L218?
Choose the Bobcat S550 if:
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($4,457 savings)
- You need more power (60 HP)
- You need higher lifting capacity (1,800 lbs)
- You prefer New Holland's dealer network and parts availability
How do S550 and L218 prices compare by year?
| Year | Bobcat S550 | New Holland L218 |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | — |
| 2018 | $36,125 (4) | — |
| 2017 | $26,909 (4) | — |
| 2016 | $19,974 (5) | — |
| 2015 | $28,738 (4) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and L218 prices compare by hours?
| Hours | Bobcat S550 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $24,663 (4) |
| 1,000-1,999 hrs | $20,665 (11) | — |
| 2,000-2,999 hrs | $24,334 (6) | — |
| 3,000-3,999 hrs | $18,083 (3) | $16,202 (2) |
| 4,000+ hrs | $20,394 (2) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or L218 in Canada?
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