Bobcat S530 vs New Holland L228: Which Is the Better Value?
The Bobcat S530 averages $21,999 CAD at auction, compared to $24,977 for the New Holland L228. That's a $2,977 difference. Power-wise, the S530 offers 46 HP versus the L228's 74 HP. The S530 has 1,500 lb rated operating capacity vs 2,400 lb for the L228. Based on 51 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,977 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S530
SSL$21,999 CAD avg
$9,660
Low
$36,719
High
37
Sales
Avg 1,537 hours · 2013–2016 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 S530 and L228 specs compare?
| Spec | Bobcat S530 | New Holland L228 |
|---|---|---|
| Horsepower | 46 hp | 74 hp |
| Rated Operating Capacity | 1,500 lbs | 2,400 lbs |
| Operating Weight | 5,530 lbs | 7,560 lbs |
| Lift Type | radial | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S530 and L228?
- Price: The S530 is $2,977 cheaper on average (12% savings).
- Power: The L228 has 28 more horsepower (74 HP vs 46 HP).
- Lifting Capacity: The L228 lifts 900 lbs more (2,400 lb ROC).
- Lift Type: S530 uses radial lift while L228 uses vertical lift.
- Usage: Used S530s average 1,537 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 S530 or L228? Check current listings with Deal Scores.
Which is the better value: S530 or L228?
Choose the Bobcat S530 if:
- You want lower upfront cost ($2,977 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 S530 and L228 prices compare by year?
| Year | Bobcat S530 | New Holland L228 |
|---|---|---|
| 2019 | — | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2016 | $31,128 (4) | $22,083 (6) |
| 2015 | $20,379 (10) | $41,627 (2) |
| 2014 | $20,086 (17) | — |
| 2013 | $24,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S530 and L228 prices compare by hours?
| Hours | Bobcat S530 | New Holland L228 |
|---|---|---|
| 0-999 hrs | $27,172 (6) | — |
| 1,000-1,999 hrs | $23,873 (18) | $33,937 (6) |
| 2,000-2,999 hrs | $22,518 (5) | $19,998 (4) |
| 3,000-3,999 hrs | $14,102 (2) | $14,846 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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