Bobcat T55 vs New Holland L220: Which Is the Better Value?
The Bobcat T55 averages $13,407 CAD at auction, compared to $21,360 for the New Holland L220. That's a $7,953 difference. Based on 56 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T55 is the better value buy for most Canadian buyers, averaging $7,953 less than the L220.
Bobcat T55
CTL$13,407 CAD avg
$6,830
Low
$29,087
High
46
Sales
Avg 1,523 hours · 2005–2020 model years
Full price guide →New Holland L220
SSL$21,360 CAD avg
$8,956
Low
$29,639
High
10
Sales
Avg 2,797 hours · 2012–2015 model years
Full price guide →How do T55 and L220 specs compare?
| Spec | Bobcat T55 | New Holland L220 |
|---|---|---|
| Horsepower | — | 68 hp |
| Rated Operating Capacity | — | 2,000 lbs |
| Operating Weight | — | 6,650 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between T55 and L220?
- Price: The T55 is $7,953 cheaper on average (37% savings).
- Track Type: T55 is a compact track loader (CTL) while L220 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T55s average 1,523 hours while L220s average 2,797 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T55 or L220? Check current listings with Deal Scores.
Which is the better value: T55 or L220?
Choose the Bobcat T55 if:
- You want lower upfront cost ($7,953 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L220 if:
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T55 and L220 prices compare by year?
| Year | Bobcat T55 | New Holland L220 |
|---|---|---|
| 2020 | $21,561 (2) | — |
| 2016 | $9,700 (2) | — |
| 2015 | $12,120 (2) | $27,111 (2) |
| 2014 | $10,884 (4) | — |
| 2013 | — | $15,136 (2) |
| 2012 | $16,319 (6) | $21,518 (6) |
| 2011 | $22,473 (4) | — |
| 2009 | $10,898 (2) | — |
| 2008 | $11,517 (6) | — |
| 2007 | $11,345 (4) | — |
| 2005 | $10,726 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T55 and L220 prices compare by hours?
| Hours | Bobcat T55 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $14,421 (16) | $28,861 (2) |
| 1,000-1,999 hrs | $13,916 (14) | $26,652 (2) |
| 2,000-2,999 hrs | $11,473 (12) | $27,111 (2) |
| 3,000-3,999 hrs | $12,198 (2) | — |
| 4,000+ hrs | — | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T55 or L220 in Canada?
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