Bobcat T590 vs New Holland L220: Which Is the Better Value?
The Bobcat T590 averages $32,532 CAD at auction, compared to $21,360 for the New Holland L220. That's a $11,171 difference. Power-wise, the T590 offers 66 HP versus the L220's 68 HP. The T590 has 1,850 lb rated operating capacity vs 2,000 lb for the L220. Based on 99 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L220 is the better value buy for most Canadian buyers, averaging $11,171 less than the T590. With similar specs, the price difference is hard to justify unless you have a strong brand preference.
Bobcat T590
CTL$32,532 CAD avg
$10,350
Low
$78,936
High
89
Sales
Avg 2,578 hours · 2013–2019 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 T590 and L220 specs compare?
| Spec | Bobcat T590 | New Holland L220 |
|---|---|---|
| Horsepower | 66 hp | 68 hp |
| Rated Operating Capacity | 1,850 lbs | 2,000 lbs |
| Operating Weight | 8,180 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T590 and L220?
- Price: The L220 is $11,171 cheaper on average (34% savings).
- Track Type: T590 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.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T590 or L220? Check current listings with Deal Scores.
Which is the better value: T590 or L220?
Choose the Bobcat T590 if:
- 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 want lower upfront cost ($11,171 savings)
- You need more power (68 HP)
- You need higher lifting capacity (2,000 lbs)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T590 and L220 prices compare by year?
| Year | Bobcat T590 | New Holland L220 |
|---|---|---|
| 2019 | $31,688 (9) | — |
| 2018 | $23,613 (3) | — |
| 2017 | $32,741 (14) | — |
| 2016 | $32,067 (24) | — |
| 2015 | $32,342 (15) | $27,111 (2) |
| 2014 | $37,543 (12) | — |
| 2013 | $31,306 (12) | $15,136 (2) |
| 2012 | — | $21,518 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T590 and L220 prices compare by hours?
| Hours | Bobcat T590 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $58,567 (6) | $28,861 (2) |
| 1,000-1,999 hrs | $33,556 (23) | $26,652 (2) |
| 2,000-2,999 hrs | $31,609 (25) | $27,111 (2) |
| 3,000-3,999 hrs | $28,818 (18) | — |
| 4,000+ hrs | $28,568 (14) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T590 or L220 in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat T590
We'll send you current pricing and available units. No spam.
Get a Price Quote on New Holland L220
We'll send you current pricing and available units. No spam.