Bobcat T650 vs New Holland L220: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $21,360 for the New Holland L220. That's a $12,898 difference. Power-wise, the T650 offers 74 HP versus the L220's 68 HP. The T650 has 2,570 lb rated operating capacity vs 2,000 lb for the L220. Based on 153 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 $12,898 less than the T650. The T650 is worth the premium if you specifically need the extra 6 HP or the higher 2,570 lb lifting capacity .
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 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 T650 and L220 specs compare?
| Spec | Bobcat T650 | New Holland L220 |
|---|---|---|
| Horsepower | 74 hp | 68 hp |
| Rated Operating Capacity | 2,570 lbs | 2,000 lbs |
| Operating Weight | 9,185 lbs | 6,650 lbs |
| Lift Type | radial | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T650 and L220?
- Price: The L220 is $12,898 cheaper on average (38% savings).
- Power: The T650 has 6 more horsepower (74 HP vs 68 HP).
- Lifting Capacity: The T650 lifts 570 lbs more (2,570 lb ROC).
- Lift Type: T650 uses radial lift while L220 uses vertical lift.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or L220? Check current listings with Deal Scores.
Which is the better value: T650 or L220?
Choose the Bobcat T650 if:
- You need more power (74 HP)
- You need higher lifting capacity (2,570 lbs)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L220 if:
- You want lower upfront cost ($12,898 savings)
- You prefer New Holland's dealer network and parts availability
How do T650 and L220 prices compare by year?
| Year | Bobcat T650 | New Holland L220 |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | — |
| 2018 | $34,160 (14) | — |
| 2017 | $39,602 (10) | — |
| 2016 | $38,512 (28) | — |
| 2015 | $36,931 (24) | $27,111 (2) |
| 2014 | $29,227 (21) | — |
| 2013 | $32,758 (6) | $15,136 (2) |
| 2012 | $33,418 (6) | $21,518 (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 L220 prices compare by hours?
| Hours | Bobcat T650 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $28,861 (2) |
| 1,000-1,999 hrs | $48,051 (18) | $26,652 (2) |
| 2,000-2,999 hrs | $37,011 (52) | $27,111 (2) |
| 3,000-3,999 hrs | $32,988 (36) | — |
| 4,000+ hrs | $27,937 (26) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or L220 in Canada?
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