New Holland L218 vs Takeuchi TL240: Which Is the Better Value?
The New Holland L218 averages $18,992 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $4,884 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,884 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →How do L218 and TL240 specs compare?
| Spec | New Holland L218 | Takeuchi TL240 |
|---|---|---|
| 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 TL240?
- Price: The L218 is $4,884 cheaper on average (20% savings).
- Track Type: L218 is a wheeled skid steer (SSL) while TL240 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 TL240s average 3,982 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L218 or TL240? Check current listings with Deal Scores.
Which is the better value: L218 or TL240?
Choose the New Holland L218 if:
- You want lower upfront cost ($4,884 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L218 and TL240 prices compare by year?
| Year | New Holland L218 | Takeuchi TL240 |
|---|---|---|
| 2012 | $13,321 (4) | $24,635 (8) |
| 2011 | $24,663 (4) | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L218 and TL240 prices compare by hours?
| Hours | New Holland L218 | Takeuchi TL240 |
|---|---|---|
| 0-999 hrs | $24,663 (4) | — |
| 2,000-2,999 hrs | — | $32,173 (8) |
| 3,000-3,999 hrs | $16,202 (2) | $23,874 (8) |
| 4,000+ hrs | $10,441 (2) | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L218 or TL240 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 TL240
No active listings right now.
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