Bobcat T200 vs New Holland L228: Which Is the Better Value?
The Bobcat T200 averages $15,396 CAD at auction, compared to $24,977 for the New Holland L228. That's a $9,580 difference. Based on 28 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T200 is the better value buy for most Canadian buyers, averaging $9,580 less than the L228.
Bobcat T200
CTL$15,396 CAD avg
$6,795
Low
$22,011
High
14
Sales
Avg 3,973 hours · 2001–2003 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 T200 and L228 specs compare?
| Spec | Bobcat T200 | New Holland L228 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,400 lbs |
| Operating Weight | — | 7,560 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between T200 and L228?
- Price: The T200 is $9,580 cheaper on average (38% savings).
- Track Type: T200 is a compact track loader (CTL) while L228 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T200s average 3,973 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 T200 or L228? Check current listings with Deal Scores.
Which is the better value: T200 or L228?
Choose the Bobcat T200 if:
- You want lower upfront cost ($9,580 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L228 if:
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T200 and L228 prices compare by year?
| Year | Bobcat T200 | New Holland L228 |
|---|---|---|
| 2019 | — | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2016 | — | $22,083 (6) |
| 2015 | — | $41,627 (2) |
| 2003 | $19,380 (2) | — |
| 2002 | $15,150 (4) | — |
| 2001 | $14,524 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T200 and L228 prices compare by hours?
| Hours | Bobcat T200 | New Holland L228 |
|---|---|---|
| 1,000-1,999 hrs | — | $33,937 (6) |
| 2,000-2,999 hrs | — | $19,998 (4) |
| 3,000-3,999 hrs | $17,628 (8) | $14,846 (2) |
| 4,000+ hrs | $16,222 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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