John Deere 332G vs New Holland L218: Which Is the Better Value?
The John Deere 332G averages $32,320 CAD at auction, compared to $18,992 for the New Holland L218. That's a $13,327 difference. Power-wise, the 332G offers 100 HP versus the L218's 60 HP. The 332G has 3,550 lb rated operating capacity vs 1,800 lb for the L218. 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 $13,327 less than the 332G. The 332G is worth the premium if you specifically need the extra 40 HP or the higher 3,550 lb lifting capacity .
John Deere 332G
SSL$32,320 CAD avg
$14,572
Low
$43,182
High
16
Sales
Avg 4,491 hours · 2016–2021 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 332G and L218 specs compare?
| Spec | John Deere 332G | New Holland L218 |
|---|---|---|
| Horsepower | 100 hp | 60 hp |
| Rated Operating Capacity | 3,550 lbs | 1,800 lbs |
| Operating Weight | 9,880 lbs | 6,160 lbs |
| Lift Type | vertical | radial |
| Frame Size | large | small |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 332G and L218?
- Price: The L218 is $13,327 cheaper on average (41% savings).
- Power: The 332G has 40 more horsepower (100 HP vs 60 HP).
- Lifting Capacity: The 332G lifts 1750 lbs more (3,550 lb ROC).
- Lift Type: 332G uses vertical lift while L218 uses radial lift.
- Usage: Used 332Gs average 4,491 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 332G or L218? Check current listings with Deal Scores.
Which is the better value: 332G or L218?
Choose the John Deere 332G if:
- You need more power (100 HP)
- You need higher lifting capacity (3,550 lbs)
- You prefer John Deere's dealer network and parts availability
Choose the New Holland L218 if:
- You want lower upfront cost ($13,327 savings)
- You prefer New Holland's dealer network and parts availability
How do 332G and L218 prices compare by year?
| Year | John Deere 332G | New Holland L218 |
|---|---|---|
| 2021 | $40,945 (2) | — |
| 2020 | $39,573 (2) | — |
| 2019 | $22,685 (2) | — |
| 2018 | $31,918 (2) | — |
| 2016 | $15,613 (2) | — |
| 2012 | — | $13,321 (4) |
| 2011 | — | $24,663 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 332G and L218 prices compare by hours?
| Hours | John Deere 332G | New Holland L218 |
|---|---|---|
| 0-999 hrs | — | $24,663 (4) |
| 1,000-1,999 hrs | $39,573 (2) | — |
| 2,000-2,999 hrs | $40,945 (2) | — |
| 3,000-3,999 hrs | $31,918 (2) | $16,202 (2) |
| 4,000+ hrs | $29,225 (10) | $10,441 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 332G or L218 in Canada?
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