Bobcat T450 vs New Holland L228: Which Is the Better Value?
The Bobcat T450 averages $32,160 CAD at auction, compared to $24,977 for the New Holland L228. That's a $7,182 difference. Power-wise, the T450 offers 61 HP versus the L228's 74 HP. The T450 has 1,400 lb rated operating capacity vs 2,400 lb for the L228. Based on 44 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L228 is the better value buy for most Canadian buyers, averaging $7,182 less than the T450. With similar specs, the price difference is hard to justify unless you have a strong brand preference.
Bobcat T450
CTL$32,160 CAD avg
$10,777
Low
$56,165
High
30
Sales
Avg 1,784 hours · 2014–2022 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 T450 and L228 specs compare?
| Spec | Bobcat T450 | New Holland L228 |
|---|---|---|
| Horsepower | 61 hp | 74 hp |
| Rated Operating Capacity | 1,400 lbs | 2,400 lbs |
| Operating Weight | 7,065 lbs | 7,560 lbs |
| Lift Type | radial | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between T450 and L228?
- Price: The L228 is $7,182 cheaper on average (22% savings).
- Power: The L228 has 13 more horsepower (74 HP vs 61 HP).
- Lifting Capacity: The L228 lifts 1000 lbs more (2,400 lb ROC).
- Lift Type: T450 uses radial lift while L228 uses vertical lift.
- Track Type: T450 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.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T450 or L228? Check current listings with Deal Scores.
Which is the better value: T450 or L228?
Choose the Bobcat T450 if:
- 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 want lower upfront cost ($7,182 savings)
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T450 and L228 prices compare by year?
| Year | Bobcat T450 | New Holland L228 |
|---|---|---|
| 2022 | $41,943 (2) | — |
| 2020 | $39,997 (6) | — |
| 2019 | $30,257 (4) | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2017 | $32,994 (6) | — |
| 2016 | $33,662 (2) | $22,083 (6) |
| 2015 | $24,848 (8) | $41,627 (2) |
| 2014 | $27,908 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T450 and L228 prices compare by hours?
| Hours | Bobcat T450 | New Holland L228 |
|---|---|---|
| 0-999 hrs | $43,015 (6) | — |
| 1,000-1,999 hrs | $32,075 (10) | $33,937 (6) |
| 2,000-2,999 hrs | $30,291 (12) | $19,998 (4) |
| 3,000-3,999 hrs | $11,227 (2) | $14,846 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T450 or L228 in Canada?
Bobcat T450
2022 Bobcat T450
810 hrs · Orillia
$49,000 CAD
2020 Bobcat T450
N/A hrs · Markham / York Region
$42,900 CAD
2026 Bobcat T450
N/A hrs · Lethbridge
$94,900 CAD
2024 Bobcat T450
309 hrs · Regina
$80,000 CAD
New Holland L228
No active listings right now.
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