Caterpillar 246D vs New Holland L218: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $18,992 for the New Holland L218. That's a $7,092 difference. Based on 38 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 $7,092 less than the 246D.
Caterpillar 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 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 246D and L218 specs compare?
| Spec | Caterpillar 246D | 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 246D and L218?
- Price: The L218 is $7,092 cheaper on average (27% savings).
- Usage: Used 246Ds average 5,024 hours while L218s average 3,003 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or L218? Check current listings with Deal Scores.
Which is the better value: 246D or L218?
Choose the Caterpillar 246D if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($7,092 savings)
- You prefer New Holland's dealer network and parts availability
How do 246D and L218 prices compare by year?
| Year | Caterpillar 246D | New Holland L218 |
|---|---|---|
| 2019 | $26,817 (4) | — |
| 2018 | $25,143 (6) | — |
| 2017 | $29,262 (2) | — |
| 2016 | $18,027 (4) | — |
| 2015 | $24,088 (6) | — |
| 2014 | $25,777 (4) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246D and L218 prices compare by hours?
| Hours | Caterpillar 246D | New Holland L218 |
|---|---|---|
| 0-999 hrs | — | $24,663 (4) |
| 1,000-1,999 hrs | $28,287 (3) | — |
| 2,000-2,999 hrs | $29,667 (3) | — |
| 3,000-3,999 hrs | $28,910 (6) | $16,202 (2) |
| 4,000+ hrs | $24,179 (18) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246D or L218 in Canada?
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