New Holland L555 vs Takeuchi TL240: Which Is the Better Value?
The New Holland L555 averages $6,587 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $17,290 difference. Based on 38 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L555 is the better value buy for most Canadian buyers, averaging $17,290 less than the TL240.
New Holland L555
SSL$6,587 CAD avg
$3,263
Low
$13,953
High
12
Sales
Avg 3,597 hours · 1990–1991 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 →What are the key differences between L555 and TL240?
- Price: The L555 is $17,290 cheaper on average (72% savings).
- Track Type: L555 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 L555s average 3,597 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 L555 or TL240? Check current listings with Deal Scores.
Which is the better value: L555 or TL240?
Choose the New Holland L555 if:
- You want lower upfront cost ($17,290 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L555 and TL240 prices compare by year?
| Year | New Holland L555 | Takeuchi TL240 |
|---|---|---|
| 2012 | — | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
| 1991 | $5,767 (2) | — |
| 1990 | $6,957 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L555 and TL240 prices compare by hours?
| Hours | New Holland L555 | Takeuchi TL240 |
|---|---|---|
| 2,000-2,999 hrs | $5,154 (4) | $32,173 (8) |
| 3,000-3,999 hrs | $3,728 (2) | $23,874 (8) |
| 4,000+ hrs | $8,494 (6) | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
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