Bobcat T590 vs New Holland L218: Which Is the Better Value?
The Bobcat T590 averages $32,532 CAD at auction, compared to $18,992 for the New Holland L218. That's a $13,539 difference. Power-wise, the T590 offers 66 HP versus the L218's 60 HP. The T590 has 1,850 lb rated operating capacity vs 1,800 lb for the L218. Based on 97 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 $13,539 less than the T590. The T590 is worth the premium if you specifically need the extra 6 HP or the higher 1,850 lb lifting capacity .
Bobcat T590
CTL$32,532 CAD avg
$10,350
Low
$78,936
High
89
Sales
Avg 2,578 hours · 2013–2019 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 T590 and L218 specs compare?
| Spec | Bobcat T590 | New Holland L218 |
|---|---|---|
| Horsepower | 66 hp | 60 hp |
| Rated Operating Capacity | 1,850 lbs | 1,800 lbs |
| Operating Weight | 8,180 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T590 and L218?
- Price: The L218 is $13,539 cheaper on average (42% savings).
- Power: The T590 has 6 more horsepower (66 HP vs 60 HP).
- Lift Type: T590 uses vertical lift while L218 uses radial lift.
- Track Type: T590 is a compact track loader (CTL) while L218 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T590s average 2,578 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 T590 or L218? Check current listings with Deal Scores.
Which is the better value: T590 or L218?
Choose the Bobcat T590 if:
- You need more power (66 HP)
- You need higher lifting capacity (1,850 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($13,539 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T590 and L218 prices compare by year?
| Year | Bobcat T590 | New Holland L218 |
|---|---|---|
| 2019 | $31,688 (9) | — |
| 2018 | $23,613 (3) | — |
| 2017 | $32,741 (14) | — |
| 2016 | $32,067 (24) | — |
| 2015 | $32,342 (15) | — |
| 2014 | $37,543 (12) | — |
| 2013 | $31,306 (12) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T590 and L218 prices compare by hours?
| Hours | Bobcat T590 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $58,567 (6) | $24,663 (4) |
| 1,000-1,999 hrs | $33,556 (23) | — |
| 2,000-2,999 hrs | $31,609 (25) | — |
| 3,000-3,999 hrs | $28,818 (18) | $16,202 (2) |
| 4,000+ hrs | $28,568 (14) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T590 or L218 in Canada?
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