New Holland L220 vs Takeuchi TL12R: Which Is the Better Value?
The New Holland L220 averages $21,360 CAD at auction, compared to $56,725 for the Takeuchi TL12R. That's a $35,364 difference. Based on 20 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 $35,364 less than the TL12R.
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 TL12R
CTL$56,725 CAD avg
$17,018
Low
$95,633
High
10
Sales
Avg 1,958 hours · 2017–2023 model years
Full price guide →How do L220 and TL12R specs compare?
| Spec | New Holland L220 | Takeuchi TL12R |
|---|---|---|
| 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 L220 and TL12R?
- Price: The L220 is $35,364 cheaper on average (62% savings).
- Track Type: L220 is a wheeled skid steer (SSL) while TL12R is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used L220s average 2,797 hours while TL12Rs average 1,958 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L220 or TL12R? Check current listings with Deal Scores.
Which is the better value: L220 or TL12R?
Choose the New Holland L220 if:
- You want lower upfront cost ($35,364 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12R if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L220 and TL12R prices compare by year?
| Year | New Holland L220 | Takeuchi TL12R |
|---|---|---|
| 2023 | — | $84,875 (2) |
| 2018 | — | $64,794 (4) |
| 2017 | — | $49,646 (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 L220 and TL12R prices compare by hours?
| Hours | New Holland L220 | Takeuchi TL12R |
|---|---|---|
| 0-999 hrs | $28,861 (2) | $84,875 (2) |
| 1,000-1,999 hrs | $26,652 (2) | $76,541 (2) |
| 2,000-2,999 hrs | $27,111 (2) | $49,646 (2) |
| 3,000-3,999 hrs | — | $53,047 (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 L220 or TL12R 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 TL12R
No active listings right now.
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