Bobcat S18 vs Takeuchi TL12V2: Which Is the Better Value?

| Based on 46 verified Canadian auction sales

The Bobcat S18 averages $8,012 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $41,460 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Bobcat S18 is the better value buy for most Canadian buyers, averaging $41,460 less than the TL12V2.

Bobcat S18

SSL

$8,012 CAD avg

$1,897

Low

$13,813

High

20

Sales

Avg 38 hours · 2009–2018 model years

Full price guide →

Takeuchi TL12V2

CTL

$49,473 CAD avg

$16,899

Low

$92,598

High

26

Sales

Avg 2,220 hours · 2016–2021 model years

Full price guide →

How do S18 and TL12V2 specs compare?

Bobcat S18 vs Takeuchi TL12V2 specifications comparison
Spec Bobcat S18 Takeuchi TL12V2
Horsepower 117 hp
Rated Operating Capacity 3,600 lbs
Operating Weight 13,051 lbs
Lift Type vertical
Frame Size large
High Flow 1 gpm

What are the key differences between S18 and TL12V2?

  • Price: The S18 is $41,460 cheaper on average (84% savings).
  • Track Type: S18 is a wheeled skid steer (SSL) while TL12V2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used S18s average 38 hours while TL12V2s average 2,220 hours.

Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.

Looking for a S18 or TL12V2? Check current listings with Deal Scores.

Which is the better value: S18 or TL12V2?

Choose the Takeuchi TL12V2 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Takeuchi's dealer network and parts availability

How do S18 and TL12V2 prices compare by year?

Bobcat S18 vs Takeuchi TL12V2 prices by model year (CAD)
Year Bobcat S18 Takeuchi TL12V2
2021 $40,750 (8)
2019 $59,964 (4)
2018 $8,826 (2) $55,312 (2)
2016 $54,962 (8)
2013 $5,299 (4)
2012 $8,561 (2)
2009 $9,581 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do S18 and TL12V2 prices compare by hours?

Bobcat S18 vs Takeuchi TL12V2 prices by hours (CAD)
Hours Bobcat S18 Takeuchi TL12V2
0-999 hrs $7,701 (10) $78,440 (4)
1,000-1,999 hrs $43,156 (6)
2,000-2,999 hrs $57,260 (8)
3,000-3,999 hrs $31,189 (4)
4,000+ hrs $19,075 (2)

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

Where can I buy a S18 or TL12V2 in Canada?

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