Bobcat S510 vs Takeuchi TL240: Which Is the Better Value?

| Based on 38 verified Canadian auction sales

The Bobcat S510 averages $23,370 CAD at auction, compared to $23,877 for the Takeuchi TL240. Based on 38 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $507 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

Bobcat S510

SSL

$23,370 CAD avg

$17,457

Low

$30,231

High

12

Sales

Avg 1,969 hours · 2014–2016 model years

Full price guide →

Takeuchi TL240

CTL

$23,877 CAD avg

$7,937

Low

$45,540

High

26

Sales

Avg 3,982 hours · 2008–2012 model years

Full price guide →

How do S510 and TL240 specs compare?

Bobcat S510 vs Takeuchi TL240 specifications comparison
Spec Bobcat S510 Takeuchi TL240
Horsepower 46 hp
Rated Operating Capacity 1,350 lbs
Operating Weight 5,360 lbs
Lift Type vertical
Frame Size small

What are the key differences between S510 and TL240?

  • Track Type: S510 is a wheeled skid steer (SSL) while TL240 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used S510s average 1,969 hours while TL240s average 3,982 hours.

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

Looking for a S510 or TL240? Check current listings with Deal Scores.

Which is the better value: S510 or TL240?

Choose the Takeuchi TL240 if:

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

How do S510 and TL240 prices compare by year?

Bobcat S510 vs Takeuchi TL240 prices by model year (CAD)
Year Bobcat S510 Takeuchi TL240
2016 $24,849 (2)
2015 $23,726 (4)
2014 $22,639 (6)
2012 $24,635 (8)
2011 $33,857 (4)
2010 $21,417 (6)
2008 $19,973 (8)

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

How do S510 and TL240 prices compare by hours?

Bobcat S510 vs Takeuchi TL240 prices by hours (CAD)
Hours Bobcat S510 Takeuchi TL240
1,000-1,999 hrs $23,374 (8)
2,000-2,999 hrs $32,173 (8)
3,000-3,999 hrs $23,361 (4) $23,874 (8)
4,000+ hrs $17,242 (10)

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

Where can I buy a S510 or TL240 in Canada?

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