Bobcat T550 vs Takeuchi TL12: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $6,323 difference. Power-wise, the T550 offers 61 HP versus the TL12's 111 HP. The T550 has 1,595 lb rated operating capacity vs 3,560 lb for the TL12. Based on 115 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T550 is the better value buy for most Canadian buyers, averaging $6,323 less than the TL12. The TL12 is worth the premium if you specifically need the extra 50 HP or the higher 3,560 lb lifting capacity .
Bobcat T550
CTL$29,412 CAD avg
$15,869
Low
$43,263
High
43
Sales
Avg 1,934 hours · 2013–2020 model years
Full price guide →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do T550 and TL12 specs compare?
| Spec | Bobcat T550 | Takeuchi TL12 |
|---|---|---|
| Horsepower | 61 hp | 111 hp |
| Rated Operating Capacity | 1,595 lbs | 3,560 lbs |
| Operating Weight | 7,215 lbs | 12,632 lbs |
| Lift Type | vertical | radial |
| Frame Size | small | large |
| High Flow | — | 1 gpm |
What are the key differences between T550 and TL12?
- Price: The T550 is $6,323 cheaper on average (18% savings).
- Power: The TL12 has 50 more horsepower (111 HP vs 61 HP).
- Lifting Capacity: The TL12 lifts 1965 lbs more (3,560 lb ROC).
- Lift Type: T550 uses vertical lift while TL12 uses radial lift.
- Track Type: T550 is a compact track loader (CTL) while TL12 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T550s average 1,934 hours while TL12s average 3,141 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or TL12? Check current listings with Deal Scores.
Which is the better value: T550 or TL12?
Choose the Bobcat T550 if:
- You want lower upfront cost ($6,323 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You need more power (111 HP)
- You need higher lifting capacity (3,560 lbs)
- You work on pavement, concrete, or hard surfaces
- You prefer Takeuchi's dealer network and parts availability
How do T550 and TL12 prices compare by year?
| Year | Bobcat T550 | Takeuchi TL12 |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | — |
| 2018 | $27,779 (4) | — |
| 2017 | $33,258 (6) | — |
| 2016 | $32,798 (8) | $37,026 (20) |
| 2015 | $35,516 (6) | $36,787 (14) |
| 2014 | $35,291 (6) | $34,467 (16) |
| 2013 | $23,370 (2) | $43,162 (16) |
| 2012 | — | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and TL12 prices compare by hours?
| Hours | Bobcat T550 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $42,666 (4) |
| 1,000-1,999 hrs | $27,579 (25) | $49,775 (6) |
| 2,000-2,999 hrs | $31,099 (14) | $41,346 (26) |
| 3,000-3,999 hrs | $33,996 (2) | $34,568 (8) |
| 4,000+ hrs | — | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or TL12 in Canada?
Bobcat T550
2015 Bobcat T550
2,389 hrs · Kitchener
$29,900 CAD
2022 Bobcat T550
265 hrs · Elmwood
$69,995 CAD
2018 Bobcat T550
3,972 hrs · Sarnia
$33,400 CAD
Takeuchi TL12
No active listings right now.
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