Bobcat S450 vs Takeuchi TL12R2: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $16,346 difference. Based on 30 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 $16,346 less than the TL12R2.
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 TL12R2
CTL$43,717 CAD avg
$23,771
Low
$89,562
High
15
Sales
Avg 2,026 hours · 2017–2020 model years
Full price guide →How do S450 and TL12R2 specs compare?
| Spec | Bobcat S450 | Takeuchi TL12R2 |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,300 lbs | — |
| Operating Weight | 5,215 lbs | — |
| Lift Type | radial | — |
| Frame Size | small | — |
What are the key differences between S450 and TL12R2?
- Price: The S450 is $16,346 cheaper on average (37% savings).
- Track Type: S450 is a wheeled skid steer (SSL) while TL12R2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S450s average 1,463 hours while TL12R2s average 2,026 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or TL12R2? Check current listings with Deal Scores.
Which is the better value: S450 or TL12R2?
Choose the Bobcat S450 if:
- You want lower upfront cost ($16,346 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12R2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do S450 and TL12R2 prices compare by year?
| Year | Bobcat S450 | Takeuchi TL12R2 |
|---|---|---|
| 2020 | $41,814 (4) | $79,161 (2) |
| 2019 | $20,700 (1) | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 2016 | $21,800 (4) | — |
| 2015 | $16,399 (2) | — |
| 2014 | $25,651 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and TL12R2 prices compare by hours?
| Hours | Bobcat S450 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $45,602 (2) | — |
| 1,000-1,999 hrs | $24,566 (13) | $62,506 (6) |
| 2,000-2,999 hrs | — | $31,224 (5) |
| 3,000-3,999 hrs | — | $33,716 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or TL12R2 in Canada?
Bobcat S450
2017 Bobcat S450
3,160 hrs · Arborg
$29,900 CAD
2014 Bobcat S450
1,265 hrs · Penticton
$39,000 CAD
2014 Bobcat S450
1,265 hrs · Pentiction
$35,000 CAD
Takeuchi TL12R2
No active listings right now.
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