Bobcat T740 vs New Holland L230: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $30,681 for the New Holland L230. That's a $1,737 difference. Based on 59 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,737 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 L230
SSL$30,681 CAD avg
$12,902
Low
$64,841
High
28
Sales
Avg 1,509 hours · 2012–2017 model years
Full price guide →How do T740 and L230 specs compare?
| Spec | Bobcat T740 | New Holland L230 |
|---|---|---|
| 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 L230?
- Price: The L230 is $1,737 cheaper on average (5% savings).
- Track Type: T740 is a compact track loader (CTL) while L230 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 L230s average 1,509 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or L230? Check current listings with Deal Scores.
Which is the better value: T740 or L230?
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 L230 if:
- You want lower upfront cost ($1,737 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do T740 and L230 prices compare by year?
| Year | Bobcat T740 | New Holland L230 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | $62,780 (2) |
| 2016 | $32,017 (2) | — |
| 2015 | — | $32,746 (4) |
| 2014 | — | $42,502 (2) |
| 2013 | — | $23,664 (4) |
| 2012 | — | $26,128 (14) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and L230 prices compare by hours?
| Hours | Bobcat T740 | New Holland L230 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $43,282 (6) |
| 1,000-1,999 hrs | $33,036 (7) | $31,068 (10) |
| 2,000-2,999 hrs | $30,518 (11) | $31,179 (4) |
| 3,000-3,999 hrs | $34,884 (5) | $28,108 (2) |
| 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 L230 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 L230
No active listings right now.
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