Bobcat T550 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $20,060 difference. Power-wise, the T550 offers 61 HP versus the TL12V2's 117 HP. The T550 has 1,595 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 69 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 $20,060 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 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 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 T550 and TL12V2 specs compare?
| Spec | Bobcat T550 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 61 hp | 117 hp |
| Rated Operating Capacity | 1,595 lbs | 3,600 lbs |
| Operating Weight | 7,215 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | large |
| High Flow | — | 1 gpm |
What are the key differences between T550 and TL12V2?
- Price: The T550 is $20,060 cheaper on average (41% savings).
- Power: The TL12V2 has 56 more horsepower (117 HP vs 61 HP).
- Lifting Capacity: The TL12V2 lifts 2005 lbs more (3,600 lb ROC).
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or TL12V2? Check current listings with Deal Scores.
Which is the better value: T550 or TL12V2?
Choose the Bobcat T550 if:
- You want lower upfront cost ($20,060 savings)
- 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 prefer Takeuchi's dealer network and parts availability
How do T550 and TL12V2 prices compare by year?
| Year | Bobcat T550 | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | $59,964 (4) |
| 2018 | $27,779 (4) | $55,312 (2) |
| 2017 | $33,258 (6) | — |
| 2016 | $32,798 (8) | $54,962 (8) |
| 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 TL12V2 prices compare by hours?
| Hours | Bobcat T550 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $27,579 (25) | $43,156 (6) |
| 2,000-2,999 hrs | $31,099 (14) | $57,260 (8) |
| 3,000-3,999 hrs | $33,996 (2) | $31,189 (4) |
| 4,000+ hrs | — | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or TL12V2 in Canada?
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