Bobcat S550 vs Takeuchi TL12R2: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $20,266 difference. Based on 39 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S550 is the better value buy for most Canadian buyers, averaging $20,266 less than the TL12R2.
Bobcat S550
SSL$23,450 CAD avg
$1,931
Low
$47,816
High
24
Sales
Avg 2,354 hours · 2015–2020 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 S550 and TL12R2 specs compare?
| Spec | Bobcat S550 | Takeuchi TL12R2 |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,550 lbs | — |
| Operating Weight | 5,670 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between S550 and TL12R2?
- Price: The S550 is $20,266 cheaper on average (46% savings).
- Track Type: S550 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 S550s average 2,354 hours while TL12R2s average 2,026 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or TL12R2? Check current listings with Deal Scores.
Which is the better value: S550 or TL12R2?
Choose the Bobcat S550 if:
- You want lower upfront cost ($20,266 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 S550 and TL12R2 prices compare by year?
| Year | Bobcat S550 | Takeuchi TL12R2 |
|---|---|---|
| 2020 | $10,994 (3) | $79,161 (2) |
| 2019 | $15,717 (4) | $48,345 (3) |
| 2018 | $36,125 (4) | $31,169 (2) |
| 2017 | $26,909 (4) | $38,463 (6) |
| 2016 | $19,974 (5) | — |
| 2015 | $28,738 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and TL12R2 prices compare by hours?
| Hours | Bobcat S550 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | — |
| 1,000-1,999 hrs | $20,665 (11) | $62,506 (6) |
| 2,000-2,999 hrs | $24,334 (6) | $31,224 (5) |
| 3,000-3,999 hrs | $18,083 (3) | $33,716 (2) |
| 4,000+ hrs | $20,394 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or TL12R2 in Canada?
Bobcat S550
2015 Bobcat S550
N/A hrs · Pembroke
$30,000 CAD
2018 Bobcat S550
547 hrs · Kingston
$28,800 CAD
2019 Bobcat S550
1,333 hrs · North York
$28,800 CAD
2018 Bobcat S550
2,300 hrs · Surrey
$32,000 CAD
Takeuchi TL12R2
No active listings right now.
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