$15,580–$18,900

dealer list, not MSRP, spread across dealers

LS MT122
Sub-Compact
21.5 hp engine · 15 PTO−30% to the shaft

Smallest machine LS sells in the US, and the only one under 1,500 lb. The Yanmar 3TNV76F stays under the 25 hp emissions line so there is no DPF to regenerate, and the 1,008 lb loader rating is unusually strong for a tractor this light.

Engine
21.5 hp
PTO
15 hp
Loader lift
1,008 lbs
3-pt lift
992 lbs

0.96 PTO hp per $1,000 of list price

As published by the maker

Specifications

Size class
Sub-Compact
Transmission
Hydrostatic
Engine
Yanmar
Engine hp
21.5 hp
PTO hp
15 hp
Drive
4WD
Loader lift
1,008 lbs
Three-point lift
992 lbs
Hydraulic flow
6.7 GPM
Fuel tank
6.6 gal
Weight
1,433 lbs
Warranty
6 yr powertrain
4WD
Yes
Cab
Open station
Turbo
No
Cruise control
No

On the price: This maker publishes no price, so the figure comes from dealer listings. Regional dealers price the same machine differently.

Lift figures are the maker's and are quoted at whichever point the maker chose; the about page explains why two loaders with the same number do not lift the same pallet.

Comes with

4WDHydrostaticFront LoaderPower SteeringDiesel

From owner discussion and long-term write-ups

What owners say

What they like

  • Under the 25 hp emissions threshold, so there is no diesel particulate filter and no regeneration cycle to sit through
  • 1,008 lb at the loader against 1,433 lb of bare tractor is a better lift-to-weight ratio than most sub-compacts manage
  • At 1,433 lb it is light enough for a single-axle utility trailer, which is the practical difference between owning one tractor and owning a truck upgrade as well
  • The Yanmar 3TNV76F is a widely-used industrial three-cylinder, so filters and service parts are not tied to LS's own supply chain
  • Two-year bumper-to-bumper plus six-year powertrain cover is longer than Kubota or Deere offer on a comparable sub-compact

What they complain about

  • 15 hp at the PTO is the lowest figure in this catalog, so a 48 in rotary cutter in heavy grass is near the limit of what it will pull
  • 6.7 GPM total pump flow is shared with the steering circuit, leaving 4.6 GPM for the loader - slow cycle times when the bucket is loaded
  • LS publishes no price at all, and the three dealer lists found for this model spread 21 percent from bottom to top, which is why this page shows a range rather than a figure
  • LS does not state where the 1,008 lb loader rating is measured, which makes it impossible to compare honestly against Kubota's pin figures
  • 6.6 gal of fuel and a 1,433 lb frame mean it runs out of both range and traction before it runs out of hydraulics
  • The dealer network is thin outside the Southeast compared with Kubota or Deere, and that matters more on a machine this cheap

Gathered from owner reports

What owners report

Owners are unusually clear-eyed about what this machine is, and the warnings come from people who own one rather than from rivals. One who spent about $25,000 on his with a loader, grapple, mid-mount mower and tiller tells a buyer with more land outright that it would be an awful choice for him - his own runs 4-foot attachments and has to go slowly, which suits three and a half suburban acres where the tractor is partly for enjoyment, and would be close to useless on a larger property. Another owner sold his to buy an old Ford and a 6-foot flail specifically to keep nine acres mowed, and a third advising a buyer who wanted digging capability says it lacks the lift capacity and that its backhoe leaves a lot to be desired, suggesting a rented mini excavator instead of an underwhelming machine that cannot quite do the job.

Where it wins is money, and owners who cross-shopped it are specific. One who looked at the Kubota, New Holland and Deere subcompacts alongside it says the Kubota was noticeably less powerful than the rest, that this was essentially the same machine as the New Holland for a few thousand dollars less, and that the Deere's paint was a large upcharge - he reports it lifting a 500 lb white oak log without trouble and doubts the Kubota would have managed what he wanted. Another puts the performance slightly ahead of the Kubota at roughly 10 to 15 per cent less money. Resale is the other pleasant surprise: a mechanic who owned the loader-backhoe version paid $19,500 and sold it for $19,000 at 260 hours, in the same week he listed it, and puts that down to new prices rising quickly. That trend has accelerated - an owner reports a 20 per cent tariff pushing the loader-backhoe version to around $26,000 and revising his own asking price upwards as a result.

What comes up favourably

  • Resale is genuinely strong: one owner paid $19,500 for the loader-backhoe version and sold it for $19,000 at 260 hours, in the week he listed it, and credits rapidly rising new prices for keeping used values high.
  • It undercuts the established brands without giving much away - an owner who compared four subcompacts calls it essentially the same machine as the New Holland for a few thousand dollars less, notes the Kubota alternative was considerably less powerful, and reports lifting a 500 lb white oak log without difficulty.
  • Parts worries are overstated according to a mechanic who owns one: he points out the components are shared widely across this class of machine and that the engine is used well beyond tractors, and he simply has his non-local dealer ship him what he needs.
  • Rebates have taken it to genuinely low money - one shopper found an offer that put the smallest model at about $13,000.
  • It takes cheap accessories happily, with an owner reporting an inexpensive ballast box loaded with 400 lb of stone doing its job on the back without trouble.

What comes up as a complaint

  • Owners themselves say it is too small for real acreage. One running 4-foot attachments has to work slowly and tells buyers with larger properties that it would be nearly useless for them; another sold his to buy an older, larger tractor to mow nine acres.
  • The backhoe version disappoints - an owner advising a buyer who wanted digging capability says it lacks lift capacity and that the hoe leaves a lot to be desired, recommending a rented mini excavator instead.
  • Prices have jumped sharply: an owner reports a 20 per cent tariff on the brand taking the loader-backhoe version to around $26,000, well above what he had been quoted earlier the same year.
  • Dealer networks are thinner than the major brands - the owner who chose it acknowledges his dealer was the furthest away of the four he considered, and a mechanic who owns one simply does his own repairs and has parts shipped.

Questions worth asking

How much land will it really handle?
Owners put the honest limit at a few acres. One with three and a half suburban acres says it can do most things but only with 4-foot attachments and at low speed, and warns buyers with larger properties that it would be close to useless for them. Another sold his to buy an older, larger tractor and a 6-foot flail purely to keep nine acres mowed. If your list includes a 6-foot implement or working at any pace, owners consistently point you up a size.
Is it a risk buying a less common brand?
Less than buyers fear, according to a mechanic who owns one. His argument is that the maker supplies components widely across this class of tractor and that the engine turns up in more than tractors, so parts will remain available - he does his own repairs and has his non-local dealer ship him what he needs. His blunter point is that paying a large premium for local dealer support is money you will never see back. Resale bears out that the market is not shy of the badge.
How does it compare with the Kubota, New Holland and Deere subcompacts?
An owner who drove all four came down here on value. He found the Kubota notably less powerful than the others, rated this as essentially the same tractor as the New Holland for a few thousand dollars less, and thought the Deere nice but heavily priced for the badge. He reports his lifting a 500 lb white oak log easily and doubts the Kubota would have coped with his work. His one reservation was that this brand's dealer was the furthest from him of the four.

Summarised from public owner discussion, not from testing. Nothing here was measured by this site, and a report that recurs is not the same as a defect rate.

Cross-shopped against

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