New Holland L220 vs Takeuchi TL12R2: Which Is the Better Value?
The New Holland L220 averages $21,360 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $22,356 difference. Based on 25 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 $22,356 less than the TL12R2.
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 TL12R2
CTL$43,717 CAD avg
$23,771
Low
$89,562
High
15
Sales
Avg 2,026 hours · 2017–2020 model years
Full price guide →How do L220 and TL12R2 specs compare?
| Spec | New Holland L220 | Takeuchi TL12R2 |
|---|---|---|
| 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 TL12R2?
- Price: The L220 is $22,356 cheaper on average (51% savings).
- Track Type: L220 is a wheeled skid steer (SSL) while TL12R2 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 TL12R2s average 2,026 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L220 or TL12R2? Check current listings with Deal Scores.
Which is the better value: L220 or TL12R2?
Choose the New Holland L220 if:
- You want lower upfront cost ($22,356 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12R2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L220 and TL12R2 prices compare by year?
| Year | New Holland L220 | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | — | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 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 TL12R2 prices compare by hours?
| Hours | New Holland L220 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $28,861 (2) | — |
| 1,000-1,999 hrs | $26,652 (2) | $62,506 (6) |
| 2,000-2,999 hrs | $27,111 (2) | $31,224 (5) |
| 3,000-3,999 hrs | — | $33,716 (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 TL12R2 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 TL12R2
No active listings right now.
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