John Deere 332G vs New Holland L220: Which Is the Better Value?
The John Deere 332G averages $32,320 CAD at auction, compared to $21,360 for the New Holland L220. That's a $10,959 difference. Power-wise, the 332G offers 100 HP versus the L220's 68 HP. The 332G has 3,550 lb rated operating capacity vs 2,000 lb for the L220. Based on 26 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 $10,959 less than the 332G. The 332G is worth the premium if you specifically need the extra 32 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 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 332G and L220 specs compare?
| Spec | John Deere 332G | New Holland L220 |
|---|---|---|
| Horsepower | 100 hp | 68 hp |
| Rated Operating Capacity | 3,550 lbs | 2,000 lbs |
| Operating Weight | 9,880 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 332G and L220?
- Price: The L220 is $10,959 cheaper on average (34% savings).
- Power: The 332G has 32 more horsepower (100 HP vs 68 HP).
- Lifting Capacity: The 332G lifts 1550 lbs more (3,550 lb ROC).
- Usage: Used 332Gs average 4,491 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 332G or L220? Check current listings with Deal Scores.
Which is the better value: 332G or L220?
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 L220 if:
- You want lower upfront cost ($10,959 savings)
- You prefer New Holland's dealer network and parts availability
How do 332G and L220 prices compare by year?
| Year | John Deere 332G | New Holland L220 |
|---|---|---|
| 2021 | $40,945 (2) | — |
| 2020 | $39,573 (2) | — |
| 2019 | $22,685 (2) | — |
| 2018 | $31,918 (2) | — |
| 2016 | $15,613 (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 332G and L220 prices compare by hours?
| Hours | John Deere 332G | New Holland L220 |
|---|---|---|
| 0-999 hrs | — | $28,861 (2) |
| 1,000-1,999 hrs | $39,573 (2) | $26,652 (2) |
| 2,000-2,999 hrs | $40,945 (2) | $27,111 (2) |
| 3,000-3,999 hrs | $31,918 (2) | — |
| 4,000+ hrs | $29,225 (10) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 332G or L220 in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on John Deere 332G
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.