Bobcat T550 vs New Holland L175: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $24,980 for the New Holland L175. That's a $4,432 difference. Based on 49 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,432 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 L175
SSL$24,980 CAD avg
$13,054
Low
$46,780
High
6
Sales
Avg 1,286 hours · 2008–2009 model years
Full price guide →How do T550 and L175 specs compare?
| Spec | Bobcat T550 | New Holland L175 |
|---|---|---|
| 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 L175?
- Price: The L175 is $4,432 cheaper on average (15% savings).
- Track Type: T550 is a compact track loader (CTL) while L175 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 L175s average 1,286 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or L175? Check current listings with Deal Scores.
Which is the better value: T550 or L175?
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 L175 if:
- You want lower upfront cost ($4,432 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T550 and L175 prices compare by year?
| Year | Bobcat T550 | New Holland L175 |
|---|---|---|
| 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) | — |
| 2009 | — | $13,240 (2) |
| 2008 | — | $18,577 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and L175 prices compare by hours?
| Hours | Bobcat T550 | New Holland L175 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $43,124 (2) |
| 1,000-1,999 hrs | $27,579 (25) | — |
| 2,000-2,999 hrs | $31,099 (14) | $18,577 (2) |
| 3,000-3,999 hrs | $33,996 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or L175 in Canada?
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