Bobcat S740 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $3,739 difference. Power-wise, the S740 offers 74 HP versus the TL12V2's 117 HP. The S740 has 2,400 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 42 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,739 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S740
SSL$45,733 CAD avg
$25,046
Low
$61,667
High
16
Sales
Avg 2,045 hours · 2016–2021 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 S740 and TL12V2 specs compare?
| Spec | Bobcat S740 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 74 hp | 117 hp |
| Rated Operating Capacity | 2,400 lbs | 3,600 lbs |
| Operating Weight | 7,940 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between S740 and TL12V2?
- Price: The S740 is $3,739 cheaper on average (8% savings).
- Power: The TL12V2 has 43 more horsepower (117 HP vs 74 HP).
- Lifting Capacity: The TL12V2 lifts 1200 lbs more (3,600 lb ROC).
- Track Type: S740 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.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a S740 or TL12V2? Check current listings with Deal Scores.
Which is the better value: S740 or TL12V2?
Choose the Bobcat S740 if:
- You want lower upfront cost ($3,739 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 S740 and TL12V2 prices compare by year?
| Year | Bobcat S740 | Takeuchi TL12V2 |
|---|---|---|
| 2021 | $55,187 (2) | $40,750 (8) |
| 2020 | $46,079 (2) | — |
| 2019 | $40,040 (6) | $59,964 (4) |
| 2018 | $55,776 (2) | $55,312 (2) |
| 2017 | $37,923 (2) | — |
| 2016 | $50,778 (2) | $54,962 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and TL12V2 prices compare by hours?
| Hours | Bobcat S740 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $61,193 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $51,955 (8) | $43,156 (6) |
| 2,000-2,999 hrs | $37,923 (2) | $57,260 (8) |
| 3,000-3,999 hrs | $33,204 (2) | $31,189 (4) |
| 4,000+ hrs | $25,722 (2) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or TL12V2 in Canada?
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