New Holland L228 vs Takeuchi TL12: Which Is the Better Value?
The New Holland L228 averages $24,977 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $10,759 difference. Power-wise, the L228 offers 74 HP versus the TL12's 111 HP. The L228 has 2,400 lb rated operating capacity vs 3,560 lb for the TL12. Based on 86 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L228 is the better value buy for most Canadian buyers, averaging $10,759 less than the TL12. The TL12 is worth the premium if you specifically need the extra 37 HP or the higher 3,560 lb lifting capacity .
New Holland L228
SSL$24,977 CAD avg
$13,813
Low
$43,027
High
14
Sales
Avg 2,064 hours · 2015–2019 model years
Full price guide →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do L228 and TL12 specs compare?
| Spec | New Holland L228 | Takeuchi TL12 |
|---|---|---|
| Horsepower | 74 hp | 111 hp |
| Rated Operating Capacity | 2,400 lbs | 3,560 lbs |
| Operating Weight | 7,560 lbs | 12,632 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between L228 and TL12?
- Price: The L228 is $10,759 cheaper on average (30% savings).
- Power: The TL12 has 37 more horsepower (111 HP vs 74 HP).
- Lifting Capacity: The TL12 lifts 1160 lbs more (3,560 lb ROC).
- Lift Type: L228 uses vertical lift while TL12 uses radial lift.
- Usage: Used L228s average 2,064 hours while TL12s average 3,141 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L228 or TL12? Check current listings with Deal Scores.
Which is the better value: L228 or TL12?
Choose the New Holland L228 if:
- You want lower upfront cost ($10,759 savings)
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You need more power (111 HP)
- You need higher lifting capacity (3,560 lbs)
- You prefer Takeuchi's dealer network and parts availability
How do L228 and TL12 prices compare by year?
| Year | New Holland L228 | Takeuchi TL12 |
|---|---|---|
| 2019 | $26,965 (2) | — |
| 2018 | $19,998 (4) | — |
| 2016 | $22,083 (6) | $37,026 (20) |
| 2015 | $41,627 (2) | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | — | $43,162 (16) |
| 2012 | — | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L228 and TL12 prices compare by hours?
| Hours | New Holland L228 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | — | $42,666 (4) |
| 1,000-1,999 hrs | $33,937 (6) | $49,775 (6) |
| 2,000-2,999 hrs | $19,998 (4) | $41,346 (26) |
| 3,000-3,999 hrs | $14,846 (2) | $34,568 (8) |
| 4,000+ hrs | — | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
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