New Holland L228 vs Takeuchi TL240: Which Is the Better Value?

| Based on 40 verified Canadian auction sales

The New Holland L228 averages $24,977 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $1,099 difference. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $1,099 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

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 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 L228 and TL240 specs compare?

New Holland L228 vs Takeuchi TL240 specifications comparison
Spec New Holland L228 Takeuchi TL240
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 TL240?

  • Price: The TL240 is $1,099 cheaper on average (4% savings).
  • Track Type: L228 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 L228s average 2,064 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 L228 or TL240? Check current listings with Deal Scores.

Which is the better value: L228 or TL240?

Choose the New Holland L228 if:

  • You work on pavement, concrete, or hard surfaces
  • You prefer New Holland's dealer network and parts availability

How do L228 and TL240 prices compare by year?

New Holland L228 vs Takeuchi TL240 prices by model year (CAD)
Year New Holland L228 Takeuchi TL240
2019 $26,965 (2)
2018 $19,998 (4)
2016 $22,083 (6)
2015 $41,627 (2)
2012 $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 L228 and TL240 prices compare by hours?

New Holland L228 vs Takeuchi TL240 prices by hours (CAD)
Hours New Holland L228 Takeuchi TL240
1,000-1,999 hrs $33,937 (6)
2,000-2,999 hrs $19,998 (4) $32,173 (8)
3,000-3,999 hrs $14,846 (2) $23,874 (8)
4,000+ hrs $17,242 (10)

Hours matter more than age for resale value. See our hours vs age analysis.

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