Caterpillar 118C vs New Holland L220: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $21,360 for the New Holland L220. That's a $18,127 difference. Based on 44 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $18,127 less than the L220.
New Holland L220
SSL$21,360 CAD avg
$8,956
Low
$29,639
High
10
Sales
Avg 2,797 hours · 2012–2015 model years
Full price guide →How do 118C and L220 specs compare?
| Spec | Caterpillar 118C | New Holland L220 |
|---|---|---|
| Horsepower | — | 68 hp |
| Rated Operating Capacity | — | 2,000 lbs |
| Operating Weight | — | 6,650 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 118C and L220?
- Price: The 118C is $18,127 cheaper on average (85% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or L220? Check current listings with Deal Scores.
Which is the better value: 118C or L220?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($18,127 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L220 if:
- You prefer New Holland's dealer network and parts availability
How do 118C and L220 prices compare by year?
| Year | Caterpillar 118C | New Holland L220 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2015 | — | $27,111 (2) |
| 2014 | $2,032 (6) | — |
| 2013 | — | $15,136 (2) |
| 2012 | — | $21,518 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and L220 prices compare by hours?
| Hours | Caterpillar 118C | New Holland L220 |
|---|---|---|
| 0-999 hrs | — | $28,861 (2) |
| 1,000-1,999 hrs | — | $26,652 (2) |
| 2,000-2,999 hrs | — | $27,111 (2) |
| 4,000+ hrs | — | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or L220 in Canada?
Caterpillar 118C
No active listings right now.
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