New Holland L220 vs Takeuchi TL8: Which Is the Better Value?
The New Holland L220 averages $21,360 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $9,035 difference. Power-wise, the L220 offers 68 HP versus the TL8's 74 HP. The L220 has 2,000 lb rated operating capacity vs 1,900 lb for the TL8. Based on 57 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 $9,035 less than the TL8. The TL8 is worth the premium if you specifically need the extra 6 HP .
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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do L220 and TL8 specs compare?
| Spec | New Holland L220 | Takeuchi TL8 |
|---|---|---|
| Horsepower | 68 hp | 74 hp |
| Rated Operating Capacity | 2,000 lbs | 1,900 lbs |
| Operating Weight | 6,650 lbs | 8,532 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between L220 and TL8?
- Price: The L220 is $9,035 cheaper on average (30% savings).
- Power: The TL8 has 6 more horsepower (74 HP vs 68 HP).
- Lift Type: L220 uses vertical lift while TL8 uses radial lift.
- Track Type: L220 is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L220 or TL8? Check current listings with Deal Scores.
Which is the better value: L220 or TL8?
Choose the New Holland L220 if:
- You want lower upfront cost ($9,035 savings)
- You need higher lifting capacity (2,000 lbs)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You need more power (74 HP)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L220 and TL8 prices compare by year?
| Year | New Holland L220 | Takeuchi TL8 |
|---|---|---|
| 2020 | — | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | $27,111 (2) | $31,728 (18) |
| 2014 | — | $26,342 (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 TL8 prices compare by hours?
| Hours | New Holland L220 | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | $28,861 (2) | $55,069 (2) |
| 1,000-1,999 hrs | $26,652 (2) | $33,418 (15) |
| 2,000-2,999 hrs | $27,111 (2) | $27,670 (20) |
| 3,000-3,999 hrs | — | $27,505 (2) |
| 4,000+ hrs | $15,136 (2) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L220 or TL8 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 TL8
No active listings right now.
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