Bobcat T66 vs New Holland L220: Which Is the Better Value?
The Bobcat T66 averages $49,195 CAD at auction, compared to $21,360 for the New Holland L220. That's a $27,834 difference. Power-wise, the T66 offers 74 HP versus the L220's 68 HP. The T66 has 3,500 lb rated operating capacity vs 2,000 lb for the L220. Based on 36 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 $27,834 less than the T66. The T66 is worth the premium if you specifically need the extra 6 HP or the higher 3,500 lb lifting capacity .
Bobcat T66
CTL$49,195 CAD avg
$948
Low
$104,326
High
26
Sales
Avg 1,327 hours · 2020–2023 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 T66 and L220 specs compare?
| Spec | Bobcat T66 | New Holland L220 |
|---|---|---|
| Horsepower | 74 hp | 68 hp |
| Rated Operating Capacity | 3,500 lbs | 2,000 lbs |
| Operating Weight | 8,927 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T66 and L220?
- Price: The L220 is $27,834 cheaper on average (57% savings).
- Power: The T66 has 6 more horsepower (74 HP vs 68 HP).
- Lifting Capacity: The T66 lifts 1500 lbs more (3,500 lb ROC).
- Track Type: T66 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.
- Usage: Used T66s average 1,327 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 T66 or L220? Check current listings with Deal Scores.
Which is the better value: T66 or L220?
Choose the Bobcat T66 if:
- You need more power (74 HP)
- You need higher lifting capacity (3,500 lbs)
- 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 ($27,834 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T66 and L220 prices compare by year?
| Year | Bobcat T66 | New Holland L220 |
|---|---|---|
| 2023 | $83,966 (4) | — |
| 2022 | $58,021 (6) | — |
| 2021 | $50,758 (10) | — |
| 2020 | $20,982 (4) | — |
| 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 T66 and L220 prices compare by hours?
| Hours | Bobcat T66 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $78,430 (8) | $28,861 (2) |
| 1,000-1,999 hrs | $48,291 (8) | $26,652 (2) |
| 2,000-2,999 hrs | $43,298 (6) | $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 T66 or L220 in Canada?
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