New Holland L220 vs Takeuchi TL12V: Which Is the Better Value?
The New Holland L220 averages $21,360 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $22,802 difference. 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 $22,802 less than the TL12V.
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 TL12V
CTL$44,163 CAD avg
$13,799
Low
$86,526
High
14
Sales
Avg 2,580 hours · 2016–2022 model years
Full price guide →How do L220 and TL12V specs compare?
| Spec | New Holland L220 | Takeuchi TL12V |
|---|---|---|
| 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 TL12V?
- Price: The L220 is $22,802 cheaper on average (52% savings).
- Track Type: L220 is a wheeled skid steer (SSL) while TL12V is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L220 or TL12V? Check current listings with Deal Scores.
Which is the better value: L220 or TL12V?
Choose the New Holland L220 if:
- You want lower upfront cost ($22,802 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12V if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L220 and TL12V prices compare by year?
| Year | New Holland L220 | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | — | $30,654 (4) |
| 2019 | — | $60,665 (4) |
| 2018 | — | $40,568 (2) |
| 2016 | — | $64,888 (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 TL12V prices compare by hours?
| Hours | New Holland L220 | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | $28,861 (2) | $75,890 (2) |
| 1,000-1,999 hrs | $26,652 (2) | $13,799 (1) |
| 2,000-2,999 hrs | $27,111 (2) | $50,298 (6) |
| 3,000-3,999 hrs | — | $37,652 (3) |
| 4,000+ hrs | $15,136 (2) | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L220 or TL12V 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 TL12V
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on New Holland L220
We'll send you current pricing and available units. No spam.
Get a Price Quote on Takeuchi TL12V
We'll send you current pricing and available units. No spam.