Gehl 562 vs New Holland L228: Which Is the Better Value?
The Gehl 562 averages $9,276 CAD at auction, compared to $24,977 for the New Holland L228. That's a $15,700 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Gehl 562 is the better value buy for most Canadian buyers, averaging $15,700 less than the L228.
Gehl 562
SSL$9,276 CAD avg
$4,705
Low
$15,306
High
8
Sales
Avg 2,774 hours · None–None model years
Full price guide →New Holland L228
SSL$24,977 CAD avg
$13,813
Low
$43,027
High
14
Sales
Avg 2,064 hours · 2015–2019 model years
Full price guide →How do 562 and L228 specs compare?
| Spec | Gehl 562 | New Holland L228 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,400 lbs |
| Operating Weight | — | 7,560 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 562 and L228?
- Price: The 562 is $15,700 cheaper on average (63% savings).
- Usage: Used 562s average 2,774 hours while L228s average 2,064 hours.
Both Gehl and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 562 or L228? Check current listings with Deal Scores.
Which is the better value: 562 or L228?
Choose the Gehl 562 if:
- You want lower upfront cost ($15,700 savings)
- You prefer Gehl's dealer network and parts availability
Choose the New Holland L228 if:
- You prefer New Holland's dealer network and parts availability
How do 562 and L228 prices compare by year?
| Year | Gehl 562 | New Holland L228 |
|---|---|---|
| 2019 | — | $26,965 (2) |
| 2018 | — | $19,998 (4) |
| 2016 | — | $22,083 (6) |
| 2015 | — | $41,627 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 562 and L228 prices compare by hours?
| Hours | Gehl 562 | New Holland L228 |
|---|---|---|
| 1,000-1,999 hrs | $7,405 (2) | $33,937 (6) |
| 2,000-2,999 hrs | $4,890 (2) | $19,998 (4) |
| 3,000-3,999 hrs | $12,405 (4) | $14,846 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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