Bobcat S510 vs New Holland L228: Which Is the Better Value?
The Bobcat S510 averages $23,370 CAD at auction, compared to $24,977 for the New Holland L228. That's a $1,606 difference. Power-wise, the S510 offers 46 HP versus the L228's 74 HP. The S510 has 1,350 lb rated operating capacity vs 2,400 lb for the L228. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,606 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S510
SSL$23,370 CAD avg
$17,457
Low
$30,231
High
12
Sales
Avg 1,969 hours · 2014–2016 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 S510 and L228 specs compare?
| Spec | Bobcat S510 | New Holland L228 |
|---|---|---|
| Horsepower | 46 hp | 74 hp |
| Rated Operating Capacity | 1,350 lbs | 2,400 lbs |
| Operating Weight | 5,360 lbs | 7,560 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S510 and L228?
- Price: The S510 is $1,606 cheaper on average (6% savings).
- Power: The L228 has 28 more horsepower (74 HP vs 46 HP).
- Lifting Capacity: The L228 lifts 1050 lbs more (2,400 lb ROC).
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S510 or L228? Check current listings with Deal Scores.
Which is the better value: S510 or L228?
Choose the Bobcat S510 if:
- You want lower upfront cost ($1,606 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L228 if:
- 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 S510 and L228 prices compare by year?
| Year | Bobcat S510 | New Holland L228 |
|---|---|---|
| 2019 | — | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2016 | $24,849 (2) | $22,083 (6) |
| 2015 | $23,726 (4) | $41,627 (2) |
| 2014 | $22,639 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S510 and L228 prices compare by hours?
| Hours | Bobcat S510 | New Holland L228 |
|---|---|---|
| 1,000-1,999 hrs | $23,374 (8) | $33,937 (6) |
| 2,000-2,999 hrs | — | $19,998 (4) |
| 3,000-3,999 hrs | $23,361 (4) | $14,846 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S510 or L228 in Canada?
Bobcat S510
2015 Bobcat S510
4,456 hrs · Penticton
$46,000 CAD
2015 Bobcat S510
1,225 hrs · Pentiction
$46,000 CAD
2023 Bobcat S510
510 hrs · Brampton
$51,950 CAD
New Holland L228
No active listings right now.
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