Bobcat T650 vs New Holland L218: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $18,992 for the New Holland L218. That's a $15,266 difference. Power-wise, the T650 offers 74 HP versus the L218's 60 HP. The T650 has 2,570 lb rated operating capacity vs 1,800 lb for the L218. Based on 151 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 $15,266 less than the T650. The T650 is worth the premium if you specifically need the extra 14 HP or the higher 2,570 lb lifting capacity .
Bobcat T650
SSL$34,259 CAD avg
$148
Low
$61,348
High
143
Sales
Avg 3,044 hours · 2010–2020 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 T650 and L218 specs compare?
| Spec | Bobcat T650 | New Holland L218 |
|---|---|---|
| Horsepower | 74 hp | 60 hp |
| Rated Operating Capacity | 2,570 lbs | 1,800 lbs |
| Operating Weight | 9,185 lbs | 6,160 lbs |
| Lift Type | radial | radial |
| Frame Size | mid | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T650 and L218?
- Price: The L218 is $15,266 cheaper on average (45% savings).
- Power: The T650 has 14 more horsepower (74 HP vs 60 HP).
- Lifting Capacity: The T650 lifts 770 lbs more (2,570 lb ROC).
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or L218? Check current listings with Deal Scores.
Which is the better value: T650 or L218?
Choose the Bobcat T650 if:
- You need more power (74 HP)
- You need higher lifting capacity (2,570 lbs)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($15,266 savings)
- You prefer New Holland's dealer network and parts availability
How do T650 and L218 prices compare by year?
| Year | Bobcat T650 | New Holland L218 |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | — |
| 2018 | $34,160 (14) | — |
| 2017 | $39,602 (10) | — |
| 2016 | $38,512 (28) | — |
| 2015 | $36,931 (24) | — |
| 2014 | $29,227 (21) | — |
| 2013 | $32,758 (6) | — |
| 2012 | $33,418 (6) | $13,321 (4) |
| 2011 | $32,382 (8) | $24,663 (4) |
| 2010 | $22,146 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and L218 prices compare by hours?
| Hours | Bobcat T650 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $24,663 (4) |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | — |
| 3,000-3,999 hrs | $32,988 (36) | $16,202 (2) |
| 4,000+ hrs | $27,937 (26) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or L218 in Canada?
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