Intel Xeon E3 1240 v3 's Advantages
Higher specification of memory (DDR3-1600 vs DDR3)
Higher base frequency (3.4GHz vs 2.1GHz)
Intel Xeon E3 1240L v5 's Advantages
Released 2 years and 4 months late
More modern manufacturing process (14nm vs 22nm)
Lower TDP (25W vs 80W)