Mustang TL25 vs New Holland L220: Which Is the Better Value?
The Mustang TL25 averages $27,822 CAD at auction, compared to $21,360 for the New Holland L220. That's a $6,461 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L220 is the better value buy for most Canadian buyers, averaging $6,461 less than the TL25.
Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →New Holland L220
SSL$21,360 CAD avg
$8,956
Low
$29,639
High
10
Sales
Avg 2,797 hours · 2012–2015 model years
Full price guide →How do TL25 and L220 specs compare?
| Spec | Mustang TL25 | New Holland L220 |
|---|---|---|
| Horsepower | — | 68 hp |
| Rated Operating Capacity | — | 2,000 lbs |
| Operating Weight | — | 6,650 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between TL25 and L220?
- Price: The L220 is $6,461 cheaper on average (23% savings).
- Track Type: TL25 is a compact track loader (CTL) while L220 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Mustang and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a TL25 or L220? Check current listings with Deal Scores.
Which is the better value: TL25 or L220?
Choose the Mustang TL25 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
Choose the New Holland L220 if:
- You want lower upfront cost ($6,461 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do TL25 and L220 prices compare by year?
| Year | Mustang TL25 | New Holland L220 |
|---|---|---|
| 2015 | — | $27,111 (2) |
| 2013 | — | $15,136 (2) |
| 2012 | — | $21,518 (6) |
| 2005 | $21,921 (2) | — |
| 2004 | $30,772 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do TL25 and L220 prices compare by hours?
| Hours | Mustang TL25 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $21,921 (2) | $28,861 (2) |
| 1,000-1,999 hrs | — | $26,652 (2) |
| 2,000-2,999 hrs | $24,569 (2) | $27,111 (2) |
| 4,000+ hrs | $36,976 (2) | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a TL25 or L220 in Canada?
Mustang TL25
No active listings right now.
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