John Deere 331G vs New Holland L220: Which Is the Better Value?
The John Deere 331G averages $59,332 CAD at auction, compared to $21,360 for the New Holland L220. That's a $37,971 difference. Power-wise, the 331G offers 91 HP versus the L220's 68 HP. The 331G has 3,000 lb rated operating capacity vs 2,000 lb for the L220. Based on 50 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 $37,971 less than the 331G. The 331G is worth the premium if you specifically need the extra 23 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 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 331G and L220 specs compare?
| Spec | John Deere 331G | New Holland L220 |
|---|---|---|
| Horsepower | 91 hp | 68 hp |
| Rated Operating Capacity | 3,000 lbs | 2,000 lbs |
| Operating Weight | 11,205 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 331G and L220?
- Price: The L220 is $37,971 cheaper on average (64% savings).
- Power: The 331G has 23 more horsepower (91 HP vs 68 HP).
- Lifting Capacity: The 331G lifts 1000 lbs more (3,000 lb ROC).
- Track Type: 331G is a compact track loader (CTL) while L220 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 L220s average 2,797 hours.
Both John Deere and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 331G or L220? Check current listings with Deal Scores.
Which is the better value: 331G or L220?
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 L220 if:
- You want lower upfront cost ($37,971 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 331G and L220 prices compare by year?
| Year | John Deere 331G | New Holland L220 |
|---|---|---|
| 2023 | $71,173 (6) | — |
| 2021 | $55,128 (6) | — |
| 2020 | $55,331 (6) | — |
| 2019 | $69,698 (6) | — |
| 2017 | $53,008 (10) | — |
| 2016 | $58,502 (2) | — |
| 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 331G and L220 prices compare by hours?
| Hours | John Deere 331G | New Holland L220 |
|---|---|---|
| 0-999 hrs | $55,662 (8) | $28,861 (2) |
| 1,000-1,999 hrs | $64,316 (18) | $26,652 (2) |
| 2,000-2,999 hrs | $63,395 (8) | $27,111 (2) |
| 3,000-3,999 hrs | $41,496 (4) | — |
| 4,000+ hrs | $48,576 (2) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 331G or L220 in Canada?
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