John Deere 332G vs New Holland L228: Which Is the Better Value?
The John Deere 332G averages $32,320 CAD at auction, compared to $24,977 for the New Holland L228. That's a $7,343 difference. Power-wise, the 332G offers 100 HP versus the L228's 74 HP. The 332G has 3,550 lb rated operating capacity vs 2,400 lb for the L228. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L228 is the better value buy for most Canadian buyers, averaging $7,343 less than the 332G. The 332G is worth the premium if you specifically need the extra 26 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 L228
SSL$24,977 CAD avg
$13,813
Low
$43,027
High
14
Sales
Avg 2,064 hours · 2015–2019 model years
Full price guide →How do 332G and L228 specs compare?
| Spec | John Deere 332G | New Holland L228 |
|---|---|---|
| Horsepower | 100 hp | 74 hp |
| Rated Operating Capacity | 3,550 lbs | 2,400 lbs |
| Operating Weight | 9,880 lbs | 7,560 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 332G and L228?
- Price: The L228 is $7,343 cheaper on average (23% savings).
- Power: The 332G has 26 more horsepower (100 HP vs 74 HP).
- Lifting Capacity: The 332G lifts 1150 lbs more (3,550 lb ROC).
- Usage: Used 332Gs average 4,491 hours while L228s average 2,064 hours.
Both John Deere and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 332G or L228? Check current listings with Deal Scores.
Which is the better value: 332G or L228?
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 L228 if:
- You want lower upfront cost ($7,343 savings)
- You prefer New Holland's dealer network and parts availability
How do 332G and L228 prices compare by year?
| Year | John Deere 332G | New Holland L228 |
|---|---|---|
| 2021 | $40,945 (2) | — |
| 2020 | $39,573 (2) | — |
| 2019 | $22,685 (2) | $26,965 (2) |
| 2018 | $31,918 (2) | $19,998 (4) |
| 2016 | $15,613 (2) | $22,083 (6) |
| 2015 | — | $41,627 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 332G and L228 prices compare by hours?
| Hours | John Deere 332G | New Holland L228 |
|---|---|---|
| 1,000-1,999 hrs | $39,573 (2) | $33,937 (6) |
| 2,000-2,999 hrs | $40,945 (2) | $19,998 (4) |
| 3,000-3,999 hrs | $31,918 (2) | $14,846 (2) |
| 4,000+ hrs | $29,225 (10) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 332G or L228 in Canada?
John Deere 332G
2019 John Deere 332G
2,019 hrs · Edmonton
$60,000 CAD
2021 John Deere 332G
N/A hrs · Paradise Hill
$95,000 CAD
2023 John Deere 332G
965 hrs · Regina
$89,000 CAD
2019 John Deere 332G
1,650 hrs · Saskatoon
$76,900 CAD
New Holland L228
No active listings right now.
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