Morbark 700H vs New Holland L555: Which Is the Better Value?
The Morbark 700H averages $10,511 CAD at auction, compared to $6,587 for the New Holland L555. That's a $3,924 difference. Based on 18 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,924 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Morbark 700H
$10,511 CAD avg
$9,259
Low
$11,610
High
6
Sales
Avg 907 hours · 2017–2018 model years
Full price guide →New Holland L555
SSL$6,587 CAD avg
$3,263
Low
$13,953
High
12
Sales
Avg 3,597 hours · 1990–1991 model years
Full price guide →What are the key differences between 700H and L555?
- Price: The L555 is $3,924 cheaper on average (37% savings).
- Track Type: 700H is a wheeled skid steer (SSL) while L555 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 700Hs average 907 hours while L555s average 3,597 hours.
Both Morbark and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 700H or L555? Check current listings with Deal Scores.
Which is the better value: 700H or L555?
Choose the Morbark 700H if:
- You prefer Morbark's dealer network and parts availability
Choose the New Holland L555 if:
- You want lower upfront cost ($3,924 savings)
- You prefer New Holland's dealer network and parts availability
How do 700H and L555 prices compare by year?
| Year | Morbark 700H | New Holland L555 |
|---|---|---|
| 2018 | $11,194 (2) | — |
| 2017 | $10,169 (4) | — |
| 1991 | — | $5,767 (2) |
| 1990 | — | $6,957 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 700H and L555 prices compare by hours?
| Hours | Morbark 700H | New Holland L555 |
|---|---|---|
| 0-999 hrs | $10,406 (4) | — |
| 1,000-1,999 hrs | $10,721 (2) | — |
| 2,000-2,999 hrs | — | $5,154 (4) |
| 3,000-3,999 hrs | — | $3,728 (2) |
| 4,000+ hrs | — | $8,494 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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