New Holland C232 vs New Holland L220: Which Is the Better Value?
The New Holland C232 averages $39,742 CAD at auction, compared to $21,360 for the New Holland L220. That's a $18,381 difference. Power-wise, the C232 offers 84 HP versus the L220's 68 HP. The C232 has 2,700 lb rated operating capacity vs 2,000 lb for the L220. Based on 24 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 $18,381 less than the C232. The C232 is worth the premium if you specifically need the extra 16 HP or the higher 2,700 lb lifting capacity .
New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 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 C232 and L220 specs compare?
| Spec | New Holland C232 | New Holland L220 |
|---|---|---|
| Horsepower | 84 hp | 68 hp |
| Rated Operating Capacity | 2,700 lbs | 2,000 lbs |
| Operating Weight | 10,085 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between C232 and L220?
- Price: The L220 is $18,381 cheaper on average (46% savings).
- Power: The C232 has 16 more horsepower (84 HP vs 68 HP).
- Lifting Capacity: The C232 lifts 700 lbs more (2,700 lb ROC).
- Track Type: C232 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.
- Usage: Used C232s average 1,841 hours while L220s average 2,797 hours.
Both New Holland and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a C232 or L220? Check current listings with Deal Scores.
Which is the better value: C232 or L220?
Choose the New Holland C232 if:
- You need more power (84 HP)
- You need higher lifting capacity (2,700 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
Choose the New Holland L220 if:
- You want lower upfront cost ($18,381 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do C232 and L220 prices compare by year?
| Year | New Holland C232 | New Holland L220 |
|---|---|---|
| 2017 | $52,192 (4) | — |
| 2015 | — | $27,111 (2) |
| 2014 | $32,575 (2) | — |
| 2013 | $45,914 (4) | $15,136 (2) |
| 2012 | $18,756 (2) | $21,518 (6) |
| 2011 | $30,651 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do C232 and L220 prices compare by hours?
| Hours | New Holland C232 | New Holland L220 |
|---|---|---|
| 0-999 hrs | — | $28,861 (2) |
| 1,000-1,999 hrs | $45,372 (10) | $26,652 (2) |
| 2,000-2,999 hrs | — | $27,111 (2) |
| 3,000-3,999 hrs | $32,575 (2) | — |
| 4,000+ hrs | — | $15,136 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a C232 or L220 in Canada?
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