Caterpillar 262D3 vs New Holland L218: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $18,992 for the New Holland L218. That's a $15,940 difference. Based on 24 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 $15,940 less than the 262D3.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 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 262D3 and L218 specs compare?
| Spec | Caterpillar 262D3 | 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 262D3 and L218?
- Price: The L218 is $15,940 cheaper on average (46% savings).
- Usage: Used 262D3s average 3,424 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 262D3 or L218? Check current listings with Deal Scores.
Which is the better value: 262D3 or L218?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($15,940 savings)
- You prefer New Holland's dealer network and parts availability
How do 262D3 and L218 prices compare by year?
| Year | Caterpillar 262D3 | New Holland L218 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and L218 prices compare by hours?
| Hours | Caterpillar 262D3 | New Holland L218 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $24,663 (4) |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | $16,202 (2) |
| 4,000+ hrs | $31,531 (7) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or L218 in Canada?
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