New Holland L220 vs Takeuchi TL12: Which Is the Better Value?
The New Holland L220 averages $21,360 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $14,375 difference. Power-wise, the L220 offers 68 HP versus the TL12's 111 HP. The L220 has 2,000 lb rated operating capacity vs 3,560 lb for the TL12. Based on 82 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 $14,375 less than the TL12. The TL12 is worth the premium if you specifically need the extra 43 HP or the higher 3,560 lb lifting capacity .
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 →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do L220 and TL12 specs compare?
| Spec | New Holland L220 | Takeuchi TL12 |
|---|---|---|
| Horsepower | 68 hp | 111 hp |
| Rated Operating Capacity | 2,000 lbs | 3,560 lbs |
| Operating Weight | 6,650 lbs | 12,632 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between L220 and TL12?
- Price: The L220 is $14,375 cheaper on average (40% savings).
- Power: The TL12 has 43 more horsepower (111 HP vs 68 HP).
- Lifting Capacity: The TL12 lifts 1560 lbs more (3,560 lb ROC).
- Lift Type: L220 uses vertical lift while TL12 uses radial lift.
- Usage: Used L220s average 2,797 hours while TL12s average 3,141 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L220 or TL12? Check current listings with Deal Scores.
Which is the better value: L220 or TL12?
Choose the New Holland L220 if:
- You want lower upfront cost ($14,375 savings)
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You need more power (111 HP)
- You need higher lifting capacity (3,560 lbs)
- You prefer Takeuchi's dealer network and parts availability
How do L220 and TL12 prices compare by year?
| Year | New Holland L220 | Takeuchi TL12 |
|---|---|---|
| 2016 | — | $37,026 (20) |
| 2015 | $27,111 (2) | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | $15,136 (2) | $43,162 (16) |
| 2012 | $21,518 (6) | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L220 and TL12 prices compare by hours?
| Hours | New Holland L220 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $28,861 (2) | $42,666 (4) |
| 1,000-1,999 hrs | $26,652 (2) | $49,775 (6) |
| 2,000-2,999 hrs | $27,111 (2) | $41,346 (26) |
| 3,000-3,999 hrs | — | $34,568 (8) |
| 4,000+ hrs | $15,136 (2) | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L220 or TL12 in Canada?
New Holland L220
None New Holland L220
2,395 hrs · Hamilton
$34,900 CAD
None New Holland L220
2,395 hrs · Hamilton
$29,900 CAD
2016 New Holland L220
2,395 hrs · Freelton
$29,900 CAD
2018 New Holland L220
1,305 hrs · Mississauga / Peel Region
$37,250 CAD
Takeuchi TL12
No active listings right now.
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