Bobcat T66 vs New Holland L218: Which Is the Better Value?
The Bobcat T66 averages $49,195 CAD at auction, compared to $18,992 for the New Holland L218. That's a $30,202 difference. Power-wise, the T66 offers 74 HP versus the L218's 60 HP. The T66 has 3,500 lb rated operating capacity vs 1,800 lb for the L218. Based on 34 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 $30,202 less than the T66. The T66 is worth the premium if you specifically need the extra 14 HP or the higher 3,500 lb lifting capacity .
Bobcat T66
CTL$49,195 CAD avg
$948
Low
$104,326
High
26
Sales
Avg 1,327 hours · 2020–2023 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 T66 and L218 specs compare?
| Spec | Bobcat T66 | New Holland L218 |
|---|---|---|
| Horsepower | 74 hp | 60 hp |
| Rated Operating Capacity | 3,500 lbs | 1,800 lbs |
| Operating Weight | 8,927 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | large | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T66 and L218?
- Price: The L218 is $30,202 cheaper on average (61% savings).
- Power: The T66 has 14 more horsepower (74 HP vs 60 HP).
- Lifting Capacity: The T66 lifts 1700 lbs more (3,500 lb ROC).
- Lift Type: T66 uses vertical lift while L218 uses radial lift.
- Track Type: T66 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 T66s average 1,327 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 T66 or L218? Check current listings with Deal Scores.
Which is the better value: T66 or L218?
Choose the Bobcat T66 if:
- You need more power (74 HP)
- You need higher lifting capacity (3,500 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 ($30,202 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T66 and L218 prices compare by year?
| Year | Bobcat T66 | New Holland L218 |
|---|---|---|
| 2023 | $83,966 (4) | — |
| 2022 | $58,021 (6) | — |
| 2021 | $50,758 (10) | — |
| 2020 | $20,982 (4) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T66 and L218 prices compare by hours?
| Hours | Bobcat T66 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $78,430 (8) | $24,663 (4) |
| 1,000-1,999 hrs | $48,291 (8) | — |
| 2,000-2,999 hrs | $43,298 (6) | — |
| 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 T66 or L218 in Canada?
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