Bobcat S450 vs Takeuchi TL12: Which Is the Better Value?

| Based on 87 verified Canadian auction sales

The Bobcat S450 averages $27,371 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $8,365 difference. Power-wise, the S450 offers 46 HP versus the TL12's 111 HP. The S450 has 1,300 lb rated operating capacity vs 3,560 lb for the TL12. Based on 87 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Bobcat S450 is the better value buy for most Canadian buyers, averaging $8,365 less than the TL12. The TL12 is worth the premium if you specifically need the extra 65 HP or the higher 3,560 lb lifting capacity .

Bobcat S450

SSL

$27,371 CAD avg

$15,938

Low

$46,423

High

15

Sales

Avg 1,463 hours · 2014–2020 model years

Full price guide →

Takeuchi TL12

SSL

$35,736 CAD avg

$467

Low

$77,418

High

72

Sales

Avg 3,141 hours · 2012–2016 model years

Full price guide →

How do S450 and TL12 specs compare?

Bobcat S450 vs Takeuchi TL12 specifications comparison
Spec Bobcat S450 Takeuchi TL12
Horsepower 46 hp 111 hp
Rated Operating Capacity 1,300 lbs 3,560 lbs
Operating Weight 5,215 lbs 12,632 lbs
Lift Type radial radial
Frame Size small large
High Flow 1 gpm

What are the key differences between S450 and TL12?

  • Price: The S450 is $8,365 cheaper on average (23% savings).
  • Power: The TL12 has 65 more horsepower (111 HP vs 46 HP).
  • Lifting Capacity: The TL12 lifts 2260 lbs more (3,560 lb ROC).
  • Usage: Used S450s average 1,463 hours while TL12s average 3,141 hours.

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

Looking for a S450 or TL12? Check current listings with Deal Scores.

Which is the better value: S450 or TL12?

Choose the Takeuchi TL12 if:

  • You need more power (111 HP)
  • You need higher lifting capacity (3,560 lbs)
  • You prefer Takeuchi's dealer network and parts availability

How do S450 and TL12 prices compare by year?

Bobcat S450 vs Takeuchi TL12 prices by model year (CAD)
Year Bobcat S450 Takeuchi TL12
2020 $41,814 (4)
2019 $20,700 (1)
2016 $21,800 (4) $37,026 (20)
2015 $16,399 (2) $36,787 (14)
2014 $25,651 (4) $34,467 (16)
2013 $43,162 (16)
2012 $36,473 (2)

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

How do S450 and TL12 prices compare by hours?

Bobcat S450 vs Takeuchi TL12 prices by hours (CAD)
Hours Bobcat S450 Takeuchi TL12
0-999 hrs $45,602 (2) $42,666 (4)
1,000-1,999 hrs $24,566 (13) $49,775 (6)
2,000-2,999 hrs $41,346 (26)
3,000-3,999 hrs $34,568 (8)
4,000+ hrs $27,354 (16)

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

Where can I buy a S450 or TL12 in Canada?

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