Caterpillar 118C vs New Holland L218: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $18,992 for the New Holland L218. That's a $15,759 difference. Based on 42 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 $15,759 less than the L218.
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 118C and L218 specs compare?
| Spec | Caterpillar 118C | 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 118C and L218?
- Price: The 118C is $15,759 cheaper on average (83% savings).
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or L218? Check current listings with Deal Scores.
Which is the better value: 118C or L218?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($15,759 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You prefer New Holland's dealer network and parts availability
How do 118C and L218 prices compare by year?
| Year | Caterpillar 118C | New Holland L218 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and L218 prices compare by hours?
| Hours | Caterpillar 118C | New Holland L218 |
|---|---|---|
| 0-999 hrs | — | $24,663 (4) |
| 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 118C or L218 in Canada?
Caterpillar 118C
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 118C
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland L218
We'll send you current pricing and available units. No spam.