John Deere 331G vs New Holland L218: Which Is the Better Value?
The John Deere 331G averages $59,332 CAD at auction, compared to $18,992 for the New Holland L218. That's a $40,339 difference. Power-wise, the 331G offers 91 HP versus the L218's 60 HP. The 331G has 3,000 lb rated operating capacity vs 1,800 lb for the L218. Based on 48 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 $40,339 less than the 331G. The 331G is worth the premium if you specifically need the extra 31 HP or the higher 3,000 lb lifting capacity .
John Deere 331G
CTL$59,332 CAD avg
$28,082
Low
$83,036
High
40
Sales
Avg 1,876 hours · 2016–2023 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 331G and L218 specs compare?
| Spec | John Deere 331G | New Holland L218 |
|---|---|---|
| Horsepower | 91 hp | 60 hp |
| Rated Operating Capacity | 3,000 lbs | 1,800 lbs |
| Operating Weight | 11,205 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | large | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 331G and L218?
- Price: The L218 is $40,339 cheaper on average (68% savings).
- Power: The 331G has 31 more horsepower (91 HP vs 60 HP).
- Lifting Capacity: The 331G lifts 1200 lbs more (3,000 lb ROC).
- Lift Type: 331G uses vertical lift while L218 uses radial lift.
- Track Type: 331G 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 331Gs average 1,876 hours while L218s average 3,003 hours.
Both John Deere and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 331G or L218? Check current listings with Deal Scores.
Which is the better value: 331G or L218?
Choose the John Deere 331G if:
- You need more power (91 HP)
- You need higher lifting capacity (3,000 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer John Deere's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($40,339 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 331G and L218 prices compare by year?
| Year | John Deere 331G | New Holland L218 |
|---|---|---|
| 2023 | $71,173 (6) | — |
| 2021 | $55,128 (6) | — |
| 2020 | $55,331 (6) | — |
| 2019 | $69,698 (6) | — |
| 2017 | $53,008 (10) | — |
| 2016 | $58,502 (2) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 331G and L218 prices compare by hours?
| Hours | John Deere 331G | New Holland L218 |
|---|---|---|
| 0-999 hrs | $55,662 (8) | $24,663 (4) |
| 1,000-1,999 hrs | $64,316 (18) | — |
| 2,000-2,999 hrs | $63,395 (8) | — |
| 3,000-3,999 hrs | $41,496 (4) | $16,202 (2) |
| 4,000+ hrs | $48,576 (2) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 331G or L218 in Canada?
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