John Deere 324G vs New Holland L220: Which Is the Better Value?
The John Deere 324G averages $46,031 CAD at auction, compared to $21,360 for the New Holland L220. That's a $24,670 difference. Power-wise, the 324G offers 74 HP versus the L220's 68 HP. The 324G has 2,400 lb rated operating capacity vs 2,000 lb for the L220. Based on 21 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L220 is the better value buy for most Canadian buyers, averaging $24,670 less than the 324G. The 324G is worth the premium if you specifically need the extra 6 HP or the higher 2,400 lb lifting capacity .
John Deere 324G
SSL$46,031 CAD avg
$24,839
Low
$75,202
High
11
Sales
Avg 2,315 hours · 2019–2023 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 324G and L220 specs compare?
| Spec | John Deere 324G | New Holland L220 |
|---|---|---|
| Horsepower | 74 hp | 68 hp |
| Rated Operating Capacity | 2,400 lbs | 2,000 lbs |
| Operating Weight | 7,640 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 324G and L220?
- Price: The L220 is $24,670 cheaper on average (54% savings).
- Power: The 324G has 6 more horsepower (74 HP vs 68 HP).
- Lifting Capacity: The 324G lifts 400 lbs more (2,400 lb ROC).
- Usage: Used 324Gs average 2,315 hours while L220s average 2,797 hours.
Both John Deere and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 324G or L220? Check current listings with Deal Scores.
Which is the better value: 324G or L220?
Choose the John Deere 324G if:
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You prefer John Deere's dealer network and parts availability
Choose the New Holland L220 if:
- You want lower upfront cost ($24,670 savings)
- You prefer New Holland's dealer network and parts availability
How do 324G and L220 prices compare by year?
| Year | John Deere 324G | New Holland L220 |
|---|---|---|
| 2023 | $71,376 (2) | — |
| 2022 | $26,834 (2) | — |
| 2021 | $36,844 (4) | — |
| 2019 | $54,181 (3) | — |
| 2015 | — | $27,111 (2) |
| 2013 | — | $15,136 (2) |
| 2012 | — | $21,518 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 324G and L220 prices compare by hours?
| Hours | John Deere 324G | New Holland L220 |
|---|---|---|
| 0-999 hrs | $70,114 (4) | $28,861 (2) |
| 1,000-1,999 hrs | — | $26,652 (2) |
| 2,000-2,999 hrs | $35,267 (3) | $27,111 (2) |
| 3,000-3,999 hrs | $26,834 (2) | — |
| 4,000+ hrs | $33,207 (2) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 324G or L220 in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on John Deere 324G
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland L220
We'll send you current pricing and available units. No spam.