Bobcat T770 vs New Holland L218: Which Is the Better Value?
The Bobcat T770 averages $48,494 CAD at auction, compared to $18,992 for the New Holland L218. That's a $29,501 difference. Power-wise, the T770 offers 92 HP versus the L218's 60 HP. The T770 has 2,940 lb rated operating capacity vs 1,800 lb for the L218. Based on 165 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 $29,501 less than the T770. The T770 is worth the premium if you specifically need the extra 32 HP or the higher 2,940 lb lifting capacity .
Bobcat T770
CTL$48,494 CAD avg
$1,327
Low
$101,337
High
157
Sales
Avg 2,733 hours · 2011–2024 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 T770 and L218 specs compare?
| Spec | Bobcat T770 | New Holland L218 |
|---|---|---|
| Horsepower | 92 hp | 60 hp |
| Rated Operating Capacity | 2,940 lbs | 1,800 lbs |
| Operating Weight | 10,665 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | large | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T770 and L218?
- Price: The L218 is $29,501 cheaper on average (61% savings).
- Power: The T770 has 32 more horsepower (92 HP vs 60 HP).
- Lifting Capacity: The T770 lifts 1140 lbs more (2,940 lb ROC).
- Lift Type: T770 uses vertical lift while L218 uses radial lift.
- Track Type: T770 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.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T770 or L218? Check current listings with Deal Scores.
Which is the better value: T770 or L218?
Choose the Bobcat T770 if:
- You need more power (92 HP)
- You need higher lifting capacity (2,940 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 ($29,501 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T770 and L218 prices compare by year?
| Year | Bobcat T770 | New Holland L218 |
|---|---|---|
| 2024 | $94,390 (4) | — |
| 2022 | $61,193 (18) | — |
| 2021 | $64,987 (9) | — |
| 2020 | $59,182 (15) | — |
| 2019 | $52,599 (23) | — |
| 2018 | $46,724 (14) | — |
| 2017 | $38,662 (14) | — |
| 2016 | $48,863 (6) | — |
| 2015 | $38,294 (6) | — |
| 2014 | $39,472 (18) | — |
| 2013 | $35,603 (10) | — |
| 2012 | $37,989 (12) | $13,321 (4) |
| 2011 | $49,462 (4) | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T770 and L218 prices compare by hours?
| Hours | Bobcat T770 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $84,949 (14) | $24,663 (4) |
| 1,000-1,999 hrs | $56,784 (51) | — |
| 2,000-2,999 hrs | $47,951 (23) | — |
| 3,000-3,999 hrs | $45,659 (29) | $16,202 (2) |
| 4,000+ hrs | $31,411 (28) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T770 or L218 in Canada?
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