Bobcat S740 vs New Holland L218: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $18,992 for the New Holland L218. That's a $26,740 difference. Power-wise, the S740 offers 74 HP versus the L218's 60 HP. The S740 has 2,400 lb rated operating capacity vs 1,800 lb for the L218. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L218 is the better value buy for most Canadian buyers, averaging $26,740 less than the S740. The S740 is worth the premium if you specifically need the extra 14 HP or the higher 2,400 lb lifting capacity .
Bobcat S740
SSL$45,733 CAD avg
$25,046
Low
$61,667
High
16
Sales
Avg 2,045 hours · 2016–2021 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 S740 and L218 specs compare?
| Spec | Bobcat S740 | New Holland L218 |
|---|---|---|
| Horsepower | 74 hp | 60 hp |
| Rated Operating Capacity | 2,400 lbs | 1,800 lbs |
| Operating Weight | 7,940 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between S740 and L218?
- Price: The L218 is $26,740 cheaper on average (58% savings).
- Power: The S740 has 14 more horsepower (74 HP vs 60 HP).
- Lifting Capacity: The S740 lifts 600 lbs more (2,400 lb ROC).
- Lift Type: S740 uses vertical lift while L218 uses radial lift.
- Usage: Used S740s average 2,045 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 S740 or L218? Check current listings with Deal Scores.
Which is the better value: S740 or L218?
Choose the Bobcat S740 if:
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($26,740 savings)
- You prefer New Holland's dealer network and parts availability
How do S740 and L218 prices compare by year?
| Year | Bobcat S740 | New Holland L218 |
|---|---|---|
| 2021 | $55,187 (2) | — |
| 2020 | $46,079 (2) | — |
| 2019 | $40,040 (6) | — |
| 2018 | $55,776 (2) | — |
| 2017 | $37,923 (2) | — |
| 2016 | $50,778 (2) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and L218 prices compare by hours?
| Hours | Bobcat S740 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $61,193 (2) | $24,663 (4) |
| 1,000-1,999 hrs | $51,955 (8) | — |
| 2,000-2,999 hrs | $37,923 (2) | — |
| 3,000-3,999 hrs | $33,204 (2) | $16,202 (2) |
| 4,000+ hrs | $25,722 (2) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or L218 in Canada?
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