Caterpillar 277C vs New Holland L218: Which Is the Better Value?
The Caterpillar 277C averages $31,968 CAD at auction, compared to $18,992 for the New Holland L218. That's a $12,975 difference. Based on 26 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 $12,975 less than the 277C.
Caterpillar 277C
CTL$31,968 CAD avg
$14,572
Low
$48,575
High
18
Sales
Avg 4,062 hours · 2007–2013 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 277C and L218 specs compare?
| Spec | Caterpillar 277C | 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 277C and L218?
- Price: The L218 is $12,975 cheaper on average (41% savings).
- Track Type: 277C is a compact track loader (CTL) while L218 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 277Cs average 4,062 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 277C or L218? Check current listings with Deal Scores.
Which is the better value: 277C or L218?
Choose the Caterpillar 277C if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($12,975 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 277C and L218 prices compare by year?
| Year | Caterpillar 277C | New Holland L218 |
|---|---|---|
| 2013 | $36,640 (4) | — |
| 2012 | — | $13,321 (4) |
| 2011 | $15,129 (2) | $24,663 (4) |
| 2010 | $46,484 (2) | — |
| 2009 | $17,075 (2) | — |
| 2008 | $36,551 (6) | — |
| 2007 | $26,092 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 277C and L218 prices compare by hours?
| Hours | Caterpillar 277C | New Holland L218 |
|---|---|---|
| 0-999 hrs | — | $24,663 (4) |
| 2,000-2,999 hrs | $36,792 (2) | — |
| 3,000-3,999 hrs | $30,951 (8) | $16,202 (2) |
| 4,000+ hrs | $36,680 (6) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 277C or L218 in Canada?
Caterpillar 277C
No active listings right now.
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