Bobcat T62 vs New Holland L218: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $18,992 for the New Holland L218. That's a $22,000 difference. Based on 15 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 $22,000 less than the T62.
Bobcat T62
SSL$40,993 CAD avg
$31,118
Low
$45,509
High
7
Sales
Avg 1,681 hours · 2021–2022 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 T62 and L218 specs compare?
| Spec | Bobcat T62 | New Holland L218 |
|---|---|---|
| Horsepower | — | 60 hp |
| Rated Operating Capacity | — | 1,800 lbs |
| Operating Weight | — | 6,160 lbs |
| Lift Type | — | radial |
| Frame Size | — | small |
| High Flow | — | 1 gpm |
What are the key differences between T62 and L218?
- Price: The L218 is $22,000 cheaper on average (54% savings).
- Usage: Used T62s average 1,681 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 T62 or L218? Check current listings with Deal Scores.
Which is the better value: T62 or L218?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($22,000 savings)
- You prefer New Holland's dealer network and parts availability
How do T62 and L218 prices compare by year?
| Year | Bobcat T62 | New Holland L218 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and L218 prices compare by hours?
| Hours | Bobcat T62 | New Holland L218 |
|---|---|---|
| 0-999 hrs | — | $24,663 (4) |
| 1,000-1,999 hrs | $40,993 (7) | — |
| 3,000-3,999 hrs | — | $16,202 (2) |
| 4,000+ hrs | — | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or L218 in Canada?
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