Bobcat T62 vs Takeuchi TL240: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $17,116 difference. Based on 33 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL240 is the better value buy for most Canadian buyers, averaging $17,116 less than the T62.
Bobcat T62
SSL$40,993 CAD avg
$31,118
Low
$45,509
High
7
Sales
Avg 1,681 hours · 2021–2022 model years
Full price guide →Takeuchi TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →What are the key differences between T62 and TL240?
- Price: The TL240 is $17,116 cheaper on average (42% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while TL240 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T62s average 1,681 hours while TL240s average 3,982 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or TL240? Check current listings with Deal Scores.
Which is the better value: T62 or TL240?
Choose the Bobcat T62 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You want lower upfront cost ($17,116 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do T62 and TL240 prices compare by year?
| Year | Bobcat T62 | Takeuchi TL240 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2012 | — | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and TL240 prices compare by hours?
| Hours | Bobcat T62 | Takeuchi TL240 |
|---|---|---|
| 1,000-1,999 hrs | $40,993 (7) | — |
| 2,000-2,999 hrs | — | $32,173 (8) |
| 3,000-3,999 hrs | — | $23,874 (8) |
| 4,000+ hrs | — | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or TL240 in Canada?
Bobcat T62
2024 Bobcat T62
N/A hrs · Ottawa
$84,900 CAD
None Bobcat T62
80 hrs · MacTier
$85,000 CAD
2023 Bobcat T62
767 hrs · Brandon
$74,900 CAD
2024 Bobcat T62
91 hrs · Mountain
$84,900 CAD
Takeuchi TL240
No active listings right now.
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