Bobcat S450 vs New Holland L228: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $24,977 for the New Holland L228. That's a $2,394 difference. Power-wise, the S450 offers 46 HP versus the L228's 74 HP. The S450 has 1,300 lb rated operating capacity vs 2,400 lb for the L228. Based on 29 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,394 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S450
SSL$27,371 CAD avg
$15,938
Low
$46,423
High
15
Sales
Avg 1,463 hours · 2014–2020 model years
Full price guide →New Holland L228
SSL$24,977 CAD avg
$13,813
Low
$43,027
High
14
Sales
Avg 2,064 hours · 2015–2019 model years
Full price guide →How do S450 and L228 specs compare?
| Spec | Bobcat S450 | New Holland L228 |
|---|---|---|
| Horsepower | 46 hp | 74 hp |
| Rated Operating Capacity | 1,300 lbs | 2,400 lbs |
| Operating Weight | 5,215 lbs | 7,560 lbs |
| Lift Type | radial | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S450 and L228?
- Price: The L228 is $2,394 cheaper on average (9% savings).
- Power: The L228 has 28 more horsepower (74 HP vs 46 HP).
- Lifting Capacity: The L228 lifts 1100 lbs more (2,400 lb ROC).
- Lift Type: S450 uses radial lift while L228 uses vertical lift.
- Usage: Used S450s average 1,463 hours while L228s average 2,064 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or L228? Check current listings with Deal Scores.
Which is the better value: S450 or L228?
Choose the Bobcat S450 if:
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L228 if:
- You want lower upfront cost ($2,394 savings)
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You prefer New Holland's dealer network and parts availability
How do S450 and L228 prices compare by year?
| Year | Bobcat S450 | New Holland L228 |
|---|---|---|
| 2020 | $41,814 (4) | — |
| 2019 | $20,700 (1) | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2016 | $21,800 (4) | $22,083 (6) |
| 2015 | $16,399 (2) | $41,627 (2) |
| 2014 | $25,651 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and L228 prices compare by hours?
| Hours | Bobcat S450 | New Holland L228 |
|---|---|---|
| 0-999 hrs | $45,602 (2) | — |
| 1,000-1,999 hrs | $24,566 (13) | $33,937 (6) |
| 2,000-2,999 hrs | — | $19,998 (4) |
| 3,000-3,999 hrs | — | $14,846 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or L228 in Canada?
Bobcat S450
2017 Bobcat S450
3,160 hrs · Arborg
$29,900 CAD
2014 Bobcat S450
1,265 hrs · Penticton
$39,000 CAD
2014 Bobcat S450
1,265 hrs · Pentiction
$35,000 CAD
New Holland L228
No active listings right now.
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