New Holland L228 vs Takeuchi TL12R2: Which Is the Better Value?
The New Holland L228 averages $24,977 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $18,740 difference. Based on 29 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 $18,740 less than the TL12R2.
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 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 L228 and TL12R2 specs compare?
| Spec | New Holland L228 | Takeuchi TL12R2 |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,400 lbs | — |
| Operating Weight | 7,560 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between L228 and TL12R2?
- Price: The L228 is $18,740 cheaper on average (43% savings).
- Track Type: L228 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.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L228 or TL12R2? Check current listings with Deal Scores.
Which is the better value: L228 or TL12R2?
Choose the New Holland L228 if:
- You want lower upfront cost ($18,740 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 L228 and TL12R2 prices compare by year?
| Year | New Holland L228 | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | $26,965 (2) | $48,345 (3) |
| 2018 | $19,998 (4) | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 2016 | $22,083 (6) | — |
| 2015 | $41,627 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L228 and TL12R2 prices compare by hours?
| Hours | New Holland L228 | Takeuchi TL12R2 |
|---|---|---|
| 1,000-1,999 hrs | $33,937 (6) | $62,506 (6) |
| 2,000-2,999 hrs | $19,998 (4) | $31,224 (5) |
| 3,000-3,999 hrs | $14,846 (2) | $33,716 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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