Caterpillar 216B vs New Holland L220: Which Is the Better Value?

| Based on 21 verified Canadian auction sales

The Caterpillar 216B averages $10,126 CAD at auction, compared to $21,360 for the New Holland L220. That's a $11,234 difference. Based on 21 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 216B is the better value buy for most Canadian buyers, averaging $11,234 less than the L220.

Caterpillar 216B

SSL

$10,126 CAD avg

$4,001

Low

$18,088

High

11

Sales

Avg 2,042 hours · 2005–2007 model years

Full price guide →

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 216B and L220 specs compare?

Caterpillar 216B vs New Holland L220 specifications comparison
Spec Caterpillar 216B 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 216B and L220?

  • Price: The 216B is $11,234 cheaper on average (53% savings).
  • Usage: Used 216Bs average 2,042 hours while L220s average 2,797 hours.

Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.

Looking for a 216B or L220? Check current listings with Deal Scores.

Which is the better value: 216B or L220?

Choose the New Holland L220 if:

  • You prefer New Holland's dealer network and parts availability

How do 216B and L220 prices compare by year?

Caterpillar 216B vs New Holland L220 prices by model year (CAD)
Year Caterpillar 216B New Holland L220
2015 $27,111 (2)
2013 $15,136 (2)
2012 $21,518 (6)
2007 $4,371 (2)
2006 $17,772 (2)
2005 $10,517 (6)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 216B and L220 prices compare by hours?

Caterpillar 216B vs New Holland L220 prices by hours (CAD)
Hours Caterpillar 216B New Holland L220
0-999 hrs $10,721 (4) $28,861 (2)
1,000-1,999 hrs $26,652 (2)
2,000-2,999 hrs $27,111 (2)
4,000+ hrs $17,772 (2) $15,136 (2)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 216B or L220 in Canada?

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