New Holland L555 vs Takeuchi TL8: Which Is the Better Value?
The New Holland L555 averages $6,587 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $23,809 difference. Based on 59 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 $23,809 less than the TL8.
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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do L555 and TL8 specs compare?
| Spec | New Holland L555 | Takeuchi TL8 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 1,900 lbs |
| Operating Weight | — | 8,532 lbs |
| Lift Type | — | radial |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between L555 and TL8?
- Price: The L555 is $23,809 cheaper on average (78% savings).
- Track Type: L555 is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L555 or TL8? Check current listings with Deal Scores.
Which is the better value: L555 or TL8?
Choose the New Holland L555 if:
- You want lower upfront cost ($23,809 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do L555 and TL8 prices compare by year?
| Year | New Holland L555 | Takeuchi TL8 |
|---|---|---|
| 2020 | — | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | — | $31,728 (18) |
| 2014 | — | $26,342 (2) |
| 1991 | $5,767 (2) | — |
| 1990 | $6,957 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L555 and TL8 prices compare by hours?
| Hours | New Holland L555 | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | — | $55,069 (2) |
| 1,000-1,999 hrs | — | $33,418 (15) |
| 2,000-2,999 hrs | $5,154 (4) | $27,670 (20) |
| 3,000-3,999 hrs | $3,728 (2) | $27,505 (2) |
| 4,000+ hrs | $8,494 (6) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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