New Holland L220 vs Takeuchi TL240: Which Is the Better Value?
The New Holland L220 averages $21,360 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $2,516 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,516 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →How do L220 and TL240 specs compare?
| Spec | New Holland L220 | Takeuchi TL240 |
|---|---|---|
| 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 TL240?
- Price: The L220 is $2,516 cheaper on average (11% savings).
- Track Type: L220 is a wheeled skid steer (SSL) while TL240 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 TL240s average 3,982 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L220 or TL240? Check current listings with Deal Scores.
Which is the better value: L220 or TL240?
Choose the New Holland L220 if:
- You want lower upfront cost ($2,516 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L220 and TL240 prices compare by year?
| Year | New Holland L220 | Takeuchi TL240 |
|---|---|---|
| 2015 | $27,111 (2) | — |
| 2013 | $15,136 (2) | — |
| 2012 | $21,518 (6) | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L220 and TL240 prices compare by hours?
| Hours | New Holland L220 | Takeuchi TL240 |
|---|---|---|
| 0-999 hrs | $28,861 (2) | — |
| 1,000-1,999 hrs | $26,652 (2) | — |
| 2,000-2,999 hrs | $27,111 (2) | $32,173 (8) |
| 3,000-3,999 hrs | — | $23,874 (8) |
| 4,000+ hrs | $15,136 (2) | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L220 or TL240 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 TL240
No active listings right now.
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