New Holland L218 vs Takeuchi TL12: Which Is the Better Value?
The New Holland L218 averages $18,992 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $16,743 difference. Power-wise, the L218 offers 60 HP versus the TL12's 111 HP. The L218 has 1,800 lb rated operating capacity vs 3,560 lb for the TL12. Based on 80 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 $16,743 less than the TL12. The TL12 is worth the premium if you specifically need the extra 51 HP or the higher 3,560 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 TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do L218 and TL12 specs compare?
| Spec | New Holland L218 | Takeuchi TL12 |
|---|---|---|
| Horsepower | 60 hp | 111 hp |
| Rated Operating Capacity | 1,800 lbs | 3,560 lbs |
| Operating Weight | 6,160 lbs | 12,632 lbs |
| Lift Type | radial | radial |
| Frame Size | small | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between L218 and TL12?
- Price: The L218 is $16,743 cheaper on average (47% savings).
- Power: The TL12 has 51 more horsepower (111 HP vs 60 HP).
- Lifting Capacity: The TL12 lifts 1760 lbs more (3,560 lb ROC).
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L218 or TL12? Check current listings with Deal Scores.
Which is the better value: L218 or TL12?
Choose the New Holland L218 if:
- You want lower upfront cost ($16,743 savings)
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You need more power (111 HP)
- You need higher lifting capacity (3,560 lbs)
- You prefer Takeuchi's dealer network and parts availability
How do L218 and TL12 prices compare by year?
| Year | New Holland L218 | Takeuchi TL12 |
|---|---|---|
| 2016 | — | $37,026 (20) |
| 2015 | — | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | — | $43,162 (16) |
| 2012 | $13,321 (4) | $36,473 (2) |
| 2011 | $24,663 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L218 and TL12 prices compare by hours?
| Hours | New Holland L218 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $24,663 (4) | $42,666 (4) |
| 1,000-1,999 hrs | — | $49,775 (6) |
| 2,000-2,999 hrs | — | $41,346 (26) |
| 3,000-3,999 hrs | $16,202 (2) | $34,568 (8) |
| 4,000+ hrs | $10,441 (2) | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L218 or TL12 in Canada?
New Holland L218
2019 New Holland L218
1,800 hrs · Fordwich
$30,000 CAD
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
Takeuchi TL12
No active listings right now.
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