New Holland L228 vs Takeuchi TL12V: Which Is the Better Value?
The New Holland L228 averages $24,977 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $19,186 difference. Based on 28 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 $19,186 less than the TL12V.
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 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 L228 and TL12V specs compare?
| Spec | New Holland L228 | Takeuchi TL12V |
|---|---|---|
| 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 TL12V?
- Price: The L228 is $19,186 cheaper on average (43% savings).
- Track Type: L228 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.
- Usage: Used L228s average 2,064 hours while TL12Vs average 2,580 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L228 or TL12V? Check current listings with Deal Scores.
Which is the better value: L228 or TL12V?
Choose the New Holland L228 if:
- You want lower upfront cost ($19,186 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 L228 and TL12V prices compare by year?
| Year | New Holland L228 | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | — | $30,654 (4) |
| 2019 | $26,965 (2) | $60,665 (4) |
| 2018 | $19,998 (4) | $40,568 (2) |
| 2016 | $22,083 (6) | $64,888 (2) |
| 2015 | $41,627 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L228 and TL12V prices compare by hours?
| Hours | New Holland L228 | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | — | $75,890 (2) |
| 1,000-1,999 hrs | $33,937 (6) | $13,799 (1) |
| 2,000-2,999 hrs | $19,998 (4) | $50,298 (6) |
| 3,000-3,999 hrs | $14,846 (2) | $37,652 (3) |
| 4,000+ hrs | — | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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