Bobcat S550 vs New Holland L228: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $24,977 for the New Holland L228. That's a $1,526 difference. Power-wise, the S550 offers 46 HP versus the L228's 74 HP. The S550 has 1,550 lb rated operating capacity vs 2,400 lb for the L228. Based on 38 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,526 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S550
SSL$23,450 CAD avg
$1,931
Low
$47,816
High
24
Sales
Avg 2,354 hours · 2015–2020 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 S550 and L228 specs compare?
| Spec | Bobcat S550 | New Holland L228 |
|---|---|---|
| Horsepower | 46 hp | 74 hp |
| Rated Operating Capacity | 1,550 lbs | 2,400 lbs |
| Operating Weight | 5,670 lbs | 7,560 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S550 and L228?
- Price: The S550 is $1,526 cheaper on average (6% savings).
- Power: The L228 has 28 more horsepower (74 HP vs 46 HP).
- Lifting Capacity: The L228 lifts 850 lbs more (2,400 lb ROC).
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or L228? Check current listings with Deal Scores.
Which is the better value: S550 or L228?
Choose the Bobcat S550 if:
- You want lower upfront cost ($1,526 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 S550 and L228 prices compare by year?
| Year | Bobcat S550 | New Holland L228 |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | $26,965 (2) |
| 2018 | $36,125 (4) | $19,998 (4) |
| 2017 | $26,909 (4) | — |
| 2016 | $19,974 (5) | $22,083 (6) |
| 2015 | $28,738 (4) | $41,627 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and L228 prices compare by hours?
| Hours | Bobcat S550 | New Holland L228 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | — |
| 1,000-1,999 hrs | $20,665 (11) | $33,937 (6) |
| 2,000-2,999 hrs | $24,334 (6) | $19,998 (4) |
| 3,000-3,999 hrs | $18,083 (3) | $14,846 (2) |
| 4,000+ hrs | $20,394 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or L228 in Canada?
Bobcat S550
2015 Bobcat S550
N/A hrs · Pembroke
$30,000 CAD
2018 Bobcat S550
547 hrs · Kingston
$28,800 CAD
2019 Bobcat S550
1,333 hrs · North York
$28,800 CAD
2018 Bobcat S550
2,300 hrs · Surrey
$32,000 CAD
New Holland L228
No active listings right now.
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