Bobcat S300 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat S300 averages $22,136 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $27,336 difference. Power-wise, the S300 offers 81 HP versus the TL12V2's 117 HP. The S300 has 3,000 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 138 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S300 is the better value buy for most Canadian buyers, averaging $27,336 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 36 HP or the higher 3,600 lb lifting capacity .
Bobcat S300
SSL$22,136 CAD avg
$15
Low
$49,061
High
112
Sales
Avg 4,246 hours · 2002–2011 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 S300 and TL12V2 specs compare?
| Spec | Bobcat S300 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 81 hp | 117 hp |
| Rated Operating Capacity | 3,000 lbs | 3,600 lbs |
| Operating Weight | 8,448 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between S300 and TL12V2?
- Price: The S300 is $27,336 cheaper on average (55% savings).
- Power: The TL12V2 has 36 more horsepower (117 HP vs 81 HP).
- Lifting Capacity: The TL12V2 lifts 600 lbs more (3,600 lb ROC).
- Track Type: S300 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 S300s average 4,246 hours while TL12V2s average 2,220 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S300 or TL12V2? Check current listings with Deal Scores.
Which is the better value: S300 or TL12V2?
Choose the Bobcat S300 if:
- You want lower upfront cost ($27,336 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You need more power (117 HP)
- You need higher lifting capacity (3,600 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do S300 and TL12V2 prices compare by year?
| Year | Bobcat S300 | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 2011 | $17,640 (4) | — |
| 2010 | $23,648 (8) | — |
| 2009 | $17,730 (8) | — |
| 2008 | $28,758 (14) | — |
| 2007 | $26,192 (14) | — |
| 2006 | $18,890 (14) | — |
| 2005 | $25,551 (20) | — |
| 2004 | $19,556 (12) | — |
| 2003 | $26,828 (4) | — |
| 2002 | $18,157 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S300 and TL12V2 prices compare by hours?
| Hours | Bobcat S300 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | — | $78,440 (4) |
| 1,000-1,999 hrs | $38,045 (8) | $43,156 (6) |
| 2,000-2,999 hrs | $27,931 (26) | $57,260 (8) |
| 3,000-3,999 hrs | $20,750 (14) | $31,189 (4) |
| 4,000+ hrs | $19,424 (54) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S300 or TL12V2 in Canada?
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