New Holland L218 vs Takeuchi TL8: Which Is the Better Value?
The New Holland L218 averages $18,992 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $11,403 difference. Power-wise, the L218 offers 60 HP versus the TL8's 74 HP. The L218 has 1,800 lb rated operating capacity vs 1,900 lb for the TL8. Based on 55 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 $11,403 less than the TL8. The TL8 is worth the premium if you specifically need the extra 14 HP or the higher 1,900 lb lifting capacity .
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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do L218 and TL8 specs compare?
| Spec | New Holland L218 | Takeuchi TL8 |
|---|---|---|
| Horsepower | 60 hp | 74 hp |
| Rated Operating Capacity | 1,800 lbs | 1,900 lbs |
| Operating Weight | 6,160 lbs | 8,532 lbs |
| Lift Type | radial | radial |
| Frame Size | small | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between L218 and TL8?
- Price: The L218 is $11,403 cheaper on average (38% savings).
- Power: The TL8 has 14 more horsepower (74 HP vs 60 HP).
- Track Type: L218 is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L218 or TL8? Check current listings with Deal Scores.
Which is the better value: L218 or TL8?
Choose the New Holland L218 if:
- You want lower upfront cost ($11,403 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You need more power (74 HP)
- You need higher lifting capacity (1,900 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L218 and TL8 prices compare by year?
| Year | New Holland L218 | Takeuchi TL8 |
|---|---|---|
| 2020 | — | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | — | $31,728 (18) |
| 2014 | — | $26,342 (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 TL8 prices compare by hours?
| Hours | New Holland L218 | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | $24,663 (4) | $55,069 (2) |
| 1,000-1,999 hrs | — | $33,418 (15) |
| 2,000-2,999 hrs | — | $27,670 (20) |
| 3,000-3,999 hrs | $16,202 (2) | $27,505 (2) |
| 4,000+ hrs | $10,441 (2) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L218 or TL8 in Canada?
New Holland L218
2020 New Holland L218
N/A hrs · Chatham-Kent
$44,500 CAD
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
Takeuchi TL8
No active listings right now.
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