Bobcat S650 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat S650 averages $30,170 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $19,302 difference. Power-wise, the S650 offers 74 HP versus the TL12V2's 117 HP. The S650 has 2,200 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 176 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S650 is the better value buy for most Canadian buyers, averaging $19,302 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 43 HP or the higher 3,600 lb lifting capacity .
Bobcat S650
SSL$30,170 CAD avg
$2,622
Low
$76,891
High
150
Sales
Avg 2,838 hours · 2010–2023 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 S650 and TL12V2 specs compare?
| Spec | Bobcat S650 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 74 hp | 117 hp |
| Rated Operating Capacity | 2,200 lbs | 3,600 lbs |
| Operating Weight | 7,555 lbs | 13,051 lbs |
| Lift Type | radial | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between S650 and TL12V2?
- Price: The S650 is $19,302 cheaper on average (39% savings).
- Power: The TL12V2 has 43 more horsepower (117 HP vs 74 HP).
- Lifting Capacity: The TL12V2 lifts 1400 lbs more (3,600 lb ROC).
- Lift Type: S650 uses radial lift while TL12V2 uses vertical lift.
- Track Type: S650 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 S650s average 2,838 hours while TL12V2s average 2,220 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S650 or TL12V2? Check current listings with Deal Scores.
Which is the better value: S650 or TL12V2?
Choose the Bobcat S650 if:
- You want lower upfront cost ($19,302 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 S650 and TL12V2 prices compare by year?
| Year | Bobcat S650 | Takeuchi TL12V2 |
|---|---|---|
| 2023 | $64,829 (2) | — |
| 2021 | — | $40,750 (8) |
| 2020 | $75,257 (2) | — |
| 2019 | $41,116 (15) | $59,964 (4) |
| 2018 | $30,968 (4) | $55,312 (2) |
| 2017 | $33,870 (4) | — |
| 2016 | $31,346 (22) | $54,962 (8) |
| 2015 | $27,056 (23) | — |
| 2014 | $28,387 (38) | — |
| 2013 | $24,535 (12) | — |
| 2012 | $26,569 (8) | — |
| 2011 | $20,147 (8) | — |
| 2010 | $27,817 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S650 and TL12V2 prices compare by hours?
| Hours | Bobcat S650 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $48,935 (18) | $78,440 (4) |
| 1,000-1,999 hrs | $35,423 (34) | $43,156 (6) |
| 2,000-2,999 hrs | $29,489 (33) | $57,260 (8) |
| 3,000-3,999 hrs | $28,488 (24) | $31,189 (4) |
| 4,000+ hrs | $19,654 (28) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S650 or TL12V2 in Canada?
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