Bobcat T590 vs New Holland L228: Which Is the Better Value?
The Bobcat T590 averages $32,532 CAD at auction, compared to $24,977 for the New Holland L228. That's a $7,555 difference. Power-wise, the T590 offers 66 HP versus the L228's 74 HP. The T590 has 1,850 lb rated operating capacity vs 2,400 lb for the L228. Based on 103 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 $7,555 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 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 T590 and L228 specs compare?
| Spec | Bobcat T590 | New Holland L228 |
|---|---|---|
| Horsepower | 66 hp | 74 hp |
| Rated Operating Capacity | 1,850 lbs | 2,400 lbs |
| Operating Weight | 8,180 lbs | 7,560 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T590 and L228?
- Price: The L228 is $7,555 cheaper on average (23% savings).
- Power: The L228 has 8 more horsepower (74 HP vs 66 HP).
- Lifting Capacity: The L228 lifts 550 lbs more (2,400 lb ROC).
- Track Type: T590 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.
- Usage: Used T590s average 2,578 hours while L228s average 2,064 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T590 or L228? Check current listings with Deal Scores.
Which is the better value: T590 or L228?
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 L228 if:
- You want lower upfront cost ($7,555 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 T590 and L228 prices compare by year?
| Year | Bobcat T590 | New Holland L228 |
|---|---|---|
| 2019 | $31,688 (9) | $26,965 (2) |
| 2018 | $23,613 (3) | $19,998 (4) |
| 2017 | $32,741 (14) | — |
| 2016 | $32,067 (24) | $22,083 (6) |
| 2015 | $32,342 (15) | $41,627 (2) |
| 2014 | $37,543 (12) | — |
| 2013 | $31,306 (12) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T590 and L228 prices compare by hours?
| Hours | Bobcat T590 | New Holland L228 |
|---|---|---|
| 0-999 hrs | $58,567 (6) | — |
| 1,000-1,999 hrs | $33,556 (23) | $33,937 (6) |
| 2,000-2,999 hrs | $31,609 (25) | $19,998 (4) |
| 3,000-3,999 hrs | $28,818 (18) | $14,846 (2) |
| 4,000+ hrs | $28,568 (14) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T590 or L228 in Canada?
Bobcat T590
2017 Bobcat T590
2,410 hrs · Mississauga / Peel Region
$39,000 CAD
2017 Bobcat T590
2,410 hrs · Brampton
$39,000 CAD
2016 Bobcat T590
N/A hrs · Mountain View County
$36,300 CAD
None Bobcat T590
N/A hrs · Thunder Bay
$44,700 CAD
New Holland L228
No active listings right now.
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