Bobcat T650 vs New Holland L228: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $24,977 for the New Holland L228. That's a $9,282 difference. Power-wise, the T650 offers 74 HP versus the L228's 74 HP. The T650 has 2,570 lb rated operating capacity vs 2,400 lb for the L228. Based on 157 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 $9,282 less than the T650. With similar specs, the price difference is hard to justify unless you have a strong brand preference.
Bobcat T650
SSL$34,259 CAD avg
$148
Low
$61,348
High
143
Sales
Avg 3,044 hours · 2010–2020 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 T650 and L228 specs compare?
| Spec | Bobcat T650 | New Holland L228 |
|---|---|---|
| Horsepower | 74 hp | 74 hp |
| Rated Operating Capacity | 2,570 lbs | 2,400 lbs |
| Operating Weight | 9,185 lbs | 7,560 lbs |
| Lift Type | radial | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T650 and L228?
- Price: The L228 is $9,282 cheaper on average (27% savings).
- Lift Type: T650 uses radial lift while L228 uses vertical lift.
- Usage: Used T650s average 3,044 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 T650 or L228? Check current listings with Deal Scores.
Which is the better value: T650 or L228?
Choose the Bobcat T650 if:
- You need higher lifting capacity (2,570 lbs)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L228 if:
- You want lower upfront cost ($9,282 savings)
- You prefer New Holland's dealer network and parts availability
How do T650 and L228 prices compare by year?
| Year | Bobcat T650 | New Holland L228 |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | $26,965 (2) |
| 2018 | $34,160 (14) | $19,998 (4) |
| 2017 | $39,602 (10) | — |
| 2016 | $38,512 (28) | $22,083 (6) |
| 2015 | $36,931 (24) | $41,627 (2) |
| 2014 | $29,227 (21) | — |
| 2013 | $32,758 (6) | — |
| 2012 | $33,418 (6) | — |
| 2011 | $32,382 (8) | — |
| 2010 | $22,146 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and L228 prices compare by hours?
| Hours | Bobcat T650 | New Holland L228 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | — |
| 1,000-1,999 hrs | $48,051 (18) | $33,937 (6) |
| 2,000-2,999 hrs | $37,011 (52) | $19,998 (4) |
| 3,000-3,999 hrs | $32,988 (36) | $14,846 (2) |
| 4,000+ hrs | $27,937 (26) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or L228 in Canada?
Bobcat T650
None Bobcat T650
2,260 hrs · Hamilton
$44,900 CAD
2015 Bobcat T650
3,837 hrs · Ottawa
$34,000 CAD
2016 Bobcat T650
2,260 hrs · Freelton
$44,900 CAD
2023 Bobcat T650
700 hrs · Brandon
$84,900 CAD
New Holland L228
No active listings right now.
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