Bobcat T550 vs Takeuchi TL12V: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $14,750 difference. Based on 57 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 $14,750 less than the TL12V.
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 TL12V
CTL$44,163 CAD avg
$13,799
Low
$86,526
High
14
Sales
Avg 2,580 hours · 2016–2022 model years
Full price guide →How do T550 and TL12V specs compare?
| Spec | Bobcat T550 | Takeuchi TL12V |
|---|---|---|
| Horsepower | 61 hp | — |
| Rated Operating Capacity | 1,595 lbs | — |
| Operating Weight | 7,215 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between T550 and TL12V?
- Price: The T550 is $14,750 cheaper on average (33% savings).
- Usage: Used T550s average 1,934 hours while TL12Vs average 2,580 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or TL12V? Check current listings with Deal Scores.
Which is the better value: T550 or TL12V?
Choose the Bobcat T550 if:
- You want lower upfront cost ($14,750 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12V if:
- You prefer Takeuchi's dealer network and parts availability
How do T550 and TL12V prices compare by year?
| Year | Bobcat T550 | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | $20,930 (9) | $30,654 (4) |
| 2019 | $15,869 (2) | $60,665 (4) |
| 2018 | $27,779 (4) | $40,568 (2) |
| 2017 | $33,258 (6) | — |
| 2016 | $32,798 (8) | $64,888 (2) |
| 2015 | $35,516 (6) | — |
| 2014 | $35,291 (6) | — |
| 2013 | $23,370 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and TL12V prices compare by hours?
| Hours | Bobcat T550 | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $75,890 (2) |
| 1,000-1,999 hrs | $27,579 (25) | $13,799 (1) |
| 2,000-2,999 hrs | $31,099 (14) | $50,298 (6) |
| 3,000-3,999 hrs | $33,996 (2) | $37,652 (3) |
| 4,000+ hrs | — | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or TL12V 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 TL12V
No active listings right now.
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