Bobcat T590 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat T590 averages $32,532 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $16,940 difference. Power-wise, the T590 offers 66 HP versus the TL12V2's 117 HP. The T590 has 1,850 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 115 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T590 is the better value buy for most Canadian buyers, averaging $16,940 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 51 HP or the higher 3,600 lb lifting capacity .
Bobcat T590
CTL$32,532 CAD avg
$10,350
Low
$78,936
High
89
Sales
Avg 2,578 hours · 2013–2019 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 T590 and TL12V2 specs compare?
| Spec | Bobcat T590 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 66 hp | 117 hp |
| Rated Operating Capacity | 1,850 lbs | 3,600 lbs |
| Operating Weight | 8,180 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T590 and TL12V2?
- Price: The T590 is $16,940 cheaper on average (34% savings).
- Power: The TL12V2 has 51 more horsepower (117 HP vs 66 HP).
- Lifting Capacity: The TL12V2 lifts 1750 lbs more (3,600 lb ROC).
- Usage: Used T590s average 2,578 hours while TL12V2s average 2,220 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T590 or TL12V2? Check current listings with Deal Scores.
Which is the better value: T590 or TL12V2?
Choose the Bobcat T590 if:
- You want lower upfront cost ($16,940 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 T590 and TL12V2 prices compare by year?
| Year | Bobcat T590 | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | $31,688 (9) | $59,964 (4) |
| 2018 | $23,613 (3) | $55,312 (2) |
| 2017 | $32,741 (14) | — |
| 2016 | $32,067 (24) | $54,962 (8) |
| 2015 | $32,342 (15) | — |
| 2014 | $37,543 (12) | — |
| 2013 | $31,306 (12) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T590 and TL12V2 prices compare by hours?
| Hours | Bobcat T590 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $58,567 (6) | $78,440 (4) |
| 1,000-1,999 hrs | $33,556 (23) | $43,156 (6) |
| 2,000-2,999 hrs | $31,609 (25) | $57,260 (8) |
| 3,000-3,999 hrs | $28,818 (18) | $31,189 (4) |
| 4,000+ hrs | $28,568 (14) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T590 or TL12V2 in Canada?
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