New Holland L218 vs Takeuchi TL12V: Which Is the Better Value?
The New Holland L218 averages $18,992 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $25,170 difference. Based on 22 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 $25,170 less than the TL12V.
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 TL12V
CTL$44,163 CAD avg
$13,799
Low
$86,526
High
14
Sales
Avg 2,580 hours · 2016–2022 model years
Full price guide →How do L218 and TL12V specs compare?
| Spec | New Holland L218 | Takeuchi TL12V |
|---|---|---|
| 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 TL12V?
- Price: The L218 is $25,170 cheaper on average (57% savings).
- Track Type: L218 is a wheeled skid steer (SSL) while TL12V 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 TL12Vs average 2,580 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L218 or TL12V? Check current listings with Deal Scores.
Which is the better value: L218 or TL12V?
Choose the New Holland L218 if:
- You want lower upfront cost ($25,170 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12V if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L218 and TL12V prices compare by year?
| Year | New Holland L218 | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | — | $30,654 (4) |
| 2019 | — | $60,665 (4) |
| 2018 | — | $40,568 (2) |
| 2016 | — | $64,888 (2) |
| 2012 | $13,321 (4) | — |
| 2011 | $24,663 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L218 and TL12V prices compare by hours?
| Hours | New Holland L218 | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | $24,663 (4) | $75,890 (2) |
| 1,000-1,999 hrs | — | $13,799 (1) |
| 2,000-2,999 hrs | — | $50,298 (6) |
| 3,000-3,999 hrs | $16,202 (2) | $37,652 (3) |
| 4,000+ hrs | $10,441 (2) | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L218 or TL12V 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 TL12V
No active listings right now.
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