Bobcat T740 vs New Holland L175: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $24,980 for the New Holland L175. That's a $7,438 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L175 is the better value buy for most Canadian buyers, averaging $7,438 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 L175
SSL$24,980 CAD avg
$13,054
Low
$46,780
High
6
Sales
Avg 1,286 hours · 2008–2009 model years
Full price guide →How do T740 and L175 specs compare?
| Spec | Bobcat T740 | New Holland L175 |
|---|---|---|
| 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 L175?
- Price: The L175 is $7,438 cheaper on average (23% savings).
- Track Type: T740 is a compact track loader (CTL) while L175 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T740s average 2,678 hours while L175s average 1,286 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or L175? Check current listings with Deal Scores.
Which is the better value: T740 or L175?
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 L175 if:
- You want lower upfront cost ($7,438 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T740 and L175 prices compare by year?
| Year | Bobcat T740 | New Holland L175 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | — |
| 2009 | — | $13,240 (2) |
| 2008 | — | $18,577 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and L175 prices compare by hours?
| Hours | Bobcat T740 | New Holland L175 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $43,124 (2) |
| 1,000-1,999 hrs | $33,036 (7) | — |
| 2,000-2,999 hrs | $30,518 (11) | $18,577 (2) |
| 3,000-3,999 hrs | $34,884 (5) | — |
| 4,000+ hrs | $37,048 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or L175 in Canada?
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