John Deere 331G vs New Holland L228: Which Is the Better Value?
The John Deere 331G averages $59,332 CAD at auction, compared to $24,977 for the New Holland L228. That's a $34,355 difference. Power-wise, the 331G offers 91 HP versus the L228's 74 HP. The 331G has 3,000 lb rated operating capacity vs 2,400 lb for the L228. Based on 54 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 $34,355 less than the 331G. The 331G is worth the premium if you specifically need the extra 17 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 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 331G and L228 specs compare?
| Spec | John Deere 331G | New Holland L228 |
|---|---|---|
| Horsepower | 91 hp | 74 hp |
| Rated Operating Capacity | 3,000 lbs | 2,400 lbs |
| Operating Weight | 11,205 lbs | 7,560 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 331G and L228?
- Price: The L228 is $34,355 cheaper on average (58% savings).
- Power: The 331G has 17 more horsepower (91 HP vs 74 HP).
- Lifting Capacity: The 331G lifts 600 lbs more (3,000 lb ROC).
- Track Type: 331G is a compact track loader (CTL) while L228 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both John Deere and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 331G or L228? Check current listings with Deal Scores.
Which is the better value: 331G or L228?
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 L228 if:
- You want lower upfront cost ($34,355 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do 331G and L228 prices compare by year?
| Year | John Deere 331G | New Holland L228 |
|---|---|---|
| 2023 | $71,173 (6) | — |
| 2021 | $55,128 (6) | — |
| 2020 | $55,331 (6) | — |
| 2019 | $69,698 (6) | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2017 | $53,008 (10) | — |
| 2016 | $58,502 (2) | $22,083 (6) |
| 2015 | — | $41,627 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 331G and L228 prices compare by hours?
| Hours | John Deere 331G | New Holland L228 |
|---|---|---|
| 0-999 hrs | $55,662 (8) | — |
| 1,000-1,999 hrs | $64,316 (18) | $33,937 (6) |
| 2,000-2,999 hrs | $63,395 (8) | $19,998 (4) |
| 3,000-3,999 hrs | $41,496 (4) | $14,846 (2) |
| 4,000+ hrs | $48,576 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 331G or L228 in Canada?
John Deere 331G
2021 John Deere 331G
2,300 hrs · Saskatoon
$69,000 CAD
2022 John Deere 331G
2,200 hrs · Edmonton
$86,995 CAD
2024 John Deere 331G
960 hrs · Rocky View
$87,000 CAD
2024 John Deere 331G
870 hrs · Leduc
$89,000 CAD
New Holland L228
No active listings right now.
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