New Holland C245 vs New Holland L220: Which Is the Better Value?
The New Holland C245 averages $73,780 CAD at auction, compared to $21,360 for the New Holland L220. That's a $52,419 difference. Power-wise, the C245 offers 90 HP versus the L220's 68 HP. The C245 has 4,500 lb rated operating capacity vs 2,000 lb for the L220. 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 $52,419 less than the C245. The C245 is worth the premium if you specifically need the extra 22 HP or the higher 4,500 lb lifting capacity .
New Holland C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 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 C245 and L220 specs compare?
| Spec | New Holland C245 | New Holland L220 |
|---|---|---|
| Horsepower | 90 hp | 68 hp |
| Rated Operating Capacity | 4,500 lbs | 2,000 lbs |
| Operating Weight | 12,920 lbs | 6,650 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between C245 and L220?
- Price: The L220 is $52,419 cheaper on average (71% savings).
- Power: The C245 has 22 more horsepower (90 HP vs 68 HP).
- Lifting Capacity: The C245 lifts 2500 lbs more (4,500 lb ROC).
- Track Type: C245 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 C245s average 1,061 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 C245 or L220? Check current listings with Deal Scores.
Which is the better value: C245 or L220?
Choose the New Holland C245 if:
- You need more power (90 HP)
- You need higher lifting capacity (4,500 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 ($52,419 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
How do C245 and L220 prices compare by year?
| Year | New Holland C245 | New Holland L220 |
|---|---|---|
| 2019 | $93,043 (2) | — |
| 2018 | $64,742 (2) | — |
| 2015 | — | $27,111 (2) |
| 2013 | — | $15,136 (2) |
| 2012 | — | $21,518 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do C245 and L220 prices compare by hours?
| Hours | New Holland C245 | New Holland L220 |
|---|---|---|
| 0-999 hrs | $93,043 (2) | $28,861 (2) |
| 1,000-1,999 hrs | $64,149 (4) | $26,652 (2) |
| 2,000-2,999 hrs | — | $27,111 (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 C245 or L220 in Canada?
New Holland C245
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