Bobcat T62 vs New Holland L220: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $21,360 for the New Holland L220. That's a $19,632 difference. Based on 17 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 $19,632 less than the T62.
Bobcat T62
SSL$40,993 CAD avg
$31,118
Low
$45,509
High
7
Sales
Avg 1,681 hours · 2021–2022 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 T62 and L220 specs compare?
| Spec | Bobcat T62 | 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 T62 and L220?
- Price: The L220 is $19,632 cheaper on average (48% savings).
- Usage: Used T62s average 1,681 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 T62 or L220? Check current listings with Deal Scores.
Which is the better value: T62 or L220?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L220 if:
- You want lower upfront cost ($19,632 savings)
- You prefer New Holland's dealer network and parts availability
How do T62 and L220 prices compare by year?
| Year | Bobcat T62 | New Holland L220 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2015 | — | $27,111 (2) |
| 2013 | — | $15,136 (2) |
| 2012 | — | $21,518 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and L220 prices compare by hours?
| Hours | Bobcat T62 | New Holland L220 |
|---|---|---|
| 0-999 hrs | — | $28,861 (2) |
| 1,000-1,999 hrs | $40,993 (7) | $26,652 (2) |
| 2,000-2,999 hrs | — | $27,111 (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 T62 or L220 in Canada?
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