Bobcat T740 vs New Holland L160: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $16,526 for the New Holland L160. That's a $15,892 difference. Based on 39 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L160 is the better value buy for most Canadian buyers, averaging $15,892 less than the T740.
Bobcat T740
CTL$32,419 CAD avg
$17,940
Low
$51,616
High
31
Sales
Avg 2,678 hours · 2016–2021 model years
Full price guide →New Holland L160
SSL$16,526 CAD avg
$12,447
Low
$23,861
High
8
Sales
Avg 2,661 hours · 2006–2007 model years
Full price guide →How do T740 and L160 specs compare?
| Spec | Bobcat T740 | New Holland L160 |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,400 lbs | — |
| Operating Weight | 9,375 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between T740 and L160?
- Price: The L160 is $15,892 cheaper on average (49% savings).
- Track Type: T740 is a compact track loader (CTL) while L160 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or L160? Check current listings with Deal Scores.
Which is the better value: T740 or L160?
Choose the Bobcat T740 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland L160 if:
- You want lower upfront cost ($15,892 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T740 and L160 prices compare by year?
| Year | Bobcat T740 | New Holland L160 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | — |
| 2007 | — | $22,936 (2) |
| 2006 | — | $14,390 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and L160 prices compare by hours?
| Hours | Bobcat T740 | New Holland L160 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | — |
| 1,000-1,999 hrs | $33,036 (7) | $18,939 (4) |
| 2,000-2,999 hrs | $30,518 (11) | — |
| 3,000-3,999 hrs | $34,884 (5) | $13,083 (2) |
| 4,000+ hrs | $37,048 (5) | $15,144 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or L160 in Canada?
Bobcat T740
2021 Bobcat T740
2,436 hrs · Sarnia
$57,700 CAD
2021 Bobcat T740
3,036 hrs · Barrie
$55,700 CAD
2021 Bobcat T740
1,736 hrs · Mississauga
$89,500 CAD
2016 Bobcat T740
3,004 hrs · Mississauga
$59,900 CAD
New Holland L160
No active listings right now.
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