New Holland L218 vs Takeuchi TL12R2: Which Is the Better Value?
The New Holland L218 averages $18,992 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $24,724 difference. Based on 23 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 $24,724 less than the TL12R2.
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 →Takeuchi TL12R2
CTL$43,717 CAD avg
$23,771
Low
$89,562
High
15
Sales
Avg 2,026 hours · 2017–2020 model years
Full price guide →How do L218 and TL12R2 specs compare?
| Spec | New Holland L218 | Takeuchi TL12R2 |
|---|---|---|
| Horsepower | 60 hp | — |
| Rated Operating Capacity | 1,800 lbs | — |
| Operating Weight | 6,160 lbs | — |
| Lift Type | radial | — |
| Frame Size | small | — |
| High Flow | 1 gpm | — |
What are the key differences between L218 and TL12R2?
- Price: The L218 is $24,724 cheaper on average (57% savings).
- Track Type: L218 is a wheeled skid steer (SSL) while TL12R2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used L218s average 3,003 hours while TL12R2s average 2,026 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L218 or TL12R2? Check current listings with Deal Scores.
Which is the better value: L218 or TL12R2?
Choose the New Holland L218 if:
- You want lower upfront cost ($24,724 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12R2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L218 and TL12R2 prices compare by year?
| Year | New Holland L218 | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | — | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 2012 | $13,321 (4) | — |
| 2011 | $24,663 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L218 and TL12R2 prices compare by hours?
| Hours | New Holland L218 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $24,663 (4) | — |
| 1,000-1,999 hrs | — | $62,506 (6) |
| 2,000-2,999 hrs | — | $31,224 (5) |
| 3,000-3,999 hrs | $16,202 (2) | $33,716 (2) |
| 4,000+ hrs | $10,441 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L218 or TL12R2 in Canada?
New Holland L218
2020 New Holland L218
N/A hrs · London
$44,500 CAD
2020 New Holland L218
1,328 hrs · Alvinston
$44,500 CAD
2018 New Holland L218
3,600 hrs · Wyoming
$33,900 CAD
None New Holland L218
2,230 hrs · Erin
$38,900 CAD
Takeuchi TL12R2
No active listings right now.
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