Bobcat S590 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat S590 averages $28,175 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $21,297 difference. Power-wise, the S590 offers 61 HP versus the TL12V2's 117 HP. The S590 has 1,850 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 96 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S590 is the better value buy for most Canadian buyers, averaging $21,297 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 56 HP or the higher 3,600 lb lifting capacity .
Bobcat S590
SSL$28,175 CAD avg
$11,688
Low
$55,406
High
70
Sales
Avg 2,744 hours · 2013–2022 model years
Full price guide →Takeuchi TL12V2
CTL$49,473 CAD avg
$16,899
Low
$92,598
High
26
Sales
Avg 2,220 hours · 2016–2021 model years
Full price guide →How do S590 and TL12V2 specs compare?
| Spec | Bobcat S590 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 61 hp | 117 hp |
| Rated Operating Capacity | 1,850 lbs | 3,600 lbs |
| Operating Weight | 6,515 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between S590 and TL12V2?
- Price: The S590 is $21,297 cheaper on average (43% savings).
- Power: The TL12V2 has 56 more horsepower (117 HP vs 61 HP).
- Lifting Capacity: The TL12V2 lifts 1750 lbs more (3,600 lb ROC).
- Track Type: S590 is a wheeled skid steer (SSL) while TL12V2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S590s average 2,744 hours while TL12V2s average 2,220 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S590 or TL12V2? Check current listings with Deal Scores.
Which is the better value: S590 or TL12V2?
Choose the Bobcat S590 if:
- You want lower upfront cost ($21,297 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You need more power (117 HP)
- You need higher lifting capacity (3,600 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do S590 and TL12V2 prices compare by year?
| Year | Bobcat S590 | Takeuchi TL12V2 |
|---|---|---|
| 2022 | $20,097 (3) | — |
| 2021 | $15,179 (1) | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | $28,200 (2) | $55,312 (2) |
| 2017 | $25,766 (2) | — |
| 2016 | $22,560 (6) | $54,962 (8) |
| 2015 | $28,721 (26) | — |
| 2014 | $32,655 (16) | — |
| 2013 | $29,355 (12) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S590 and TL12V2 prices compare by hours?
| Hours | Bobcat S590 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $43,836 (7) | $78,440 (4) |
| 1,000-1,999 hrs | $27,967 (17) | $43,156 (6) |
| 2,000-2,999 hrs | $27,829 (12) | $57,260 (8) |
| 3,000-3,999 hrs | $25,843 (14) | $31,189 (4) |
| 4,000+ hrs | $24,711 (20) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S590 or TL12V2 in Canada?
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