Bobcat T550 vs New Holland L170: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $13,326 for the New Holland L170. That's a $16,086 difference. Based on 49 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L170 is the better value buy for most Canadian buyers, averaging $16,086 less than the T550.
Bobcat T550
CTL$29,412 CAD avg
$15,869
Low
$43,263
High
43
Sales
Avg 1,934 hours · 2013–2020 model years
Full price guide →New Holland L170
SSL$13,326 CAD avg
$7,741
Low
$19,706
High
6
Sales
Avg 2,970 hours · 2006–2008 model years
Full price guide →How do T550 and L170 specs compare?
| Spec | Bobcat T550 | New Holland L170 |
|---|---|---|
| Horsepower | 61 hp | — |
| Rated Operating Capacity | 1,595 lbs | — |
| Operating Weight | 7,215 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between T550 and L170?
- Price: The L170 is $16,086 cheaper on average (55% savings).
- Track Type: T550 is a compact track loader (CTL) while L170 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T550s average 1,934 hours while L170s average 2,970 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or L170? Check current listings with Deal Scores.
Which is the better value: T550 or L170?
Choose the Bobcat T550 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L170 if:
- You want lower upfront cost ($16,086 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T550 and L170 prices compare by year?
| Year | Bobcat T550 | New Holland L170 |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | — |
| 2018 | $27,779 (4) | — |
| 2017 | $33,258 (6) | — |
| 2016 | $32,798 (8) | — |
| 2015 | $35,516 (6) | — |
| 2014 | $35,291 (6) | — |
| 2013 | $23,370 (2) | — |
| 2008 | — | $15,994 (4) |
| 2006 | — | $7,989 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and L170 prices compare by hours?
| Hours | Bobcat T550 | New Holland L170 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | — |
| 1,000-1,999 hrs | $27,579 (25) | — |
| 2,000-2,999 hrs | $31,099 (14) | $19,340 (2) |
| 3,000-3,999 hrs | $33,996 (2) | $12,648 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or L170 in Canada?
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