Bobcat S450 vs Takeuchi TL12V: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $16,791 difference. Based on 29 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 $16,791 less than the TL12V.
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 TL12V
CTL$44,163 CAD avg
$13,799
Low
$86,526
High
14
Sales
Avg 2,580 hours · 2016–2022 model years
Full price guide →How do S450 and TL12V specs compare?
| Spec | Bobcat S450 | Takeuchi TL12V |
|---|---|---|
| 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 TL12V?
- Price: The S450 is $16,791 cheaper on average (38% savings).
- Track Type: S450 is a wheeled skid steer (SSL) while TL12V 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 TL12Vs average 2,580 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or TL12V? Check current listings with Deal Scores.
Which is the better value: S450 or TL12V?
Choose the Bobcat S450 if:
- You want lower upfront cost ($16,791 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12V if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do S450 and TL12V prices compare by year?
| Year | Bobcat S450 | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | $41,814 (4) | $30,654 (4) |
| 2019 | $20,700 (1) | $60,665 (4) |
| 2018 | — | $40,568 (2) |
| 2016 | $21,800 (4) | $64,888 (2) |
| 2015 | $16,399 (2) | — |
| 2014 | $25,651 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and TL12V prices compare by hours?
| Hours | Bobcat S450 | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | $45,602 (2) | $75,890 (2) |
| 1,000-1,999 hrs | $24,566 (13) | $13,799 (1) |
| 2,000-2,999 hrs | — | $50,298 (6) |
| 3,000-3,999 hrs | — | $37,652 (3) |
| 4,000+ hrs | — | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or TL12V 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 TL12V
No active listings right now.
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