Bobcat T650 vs Takeuchi TL12V2: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $15,213 difference. Power-wise, the T650 offers 74 HP versus the TL12V2's 117 HP. The T650 has 2,570 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 169 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T650 is the better value buy for most Canadian buyers, averaging $15,213 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 43 HP or the higher 3,600 lb lifting capacity .
Bobcat T650
SSL$34,259 CAD avg
$148
Low
$61,348
High
143
Sales
Avg 3,044 hours · 2010–2020 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 T650 and TL12V2 specs compare?
| Spec | Bobcat T650 | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 74 hp | 117 hp |
| Rated Operating Capacity | 2,570 lbs | 3,600 lbs |
| Operating Weight | 9,185 lbs | 13,051 lbs |
| Lift Type | radial | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T650 and TL12V2?
- Price: The T650 is $15,213 cheaper on average (31% savings).
- Power: The TL12V2 has 43 more horsepower (117 HP vs 74 HP).
- Lifting Capacity: The TL12V2 lifts 1030 lbs more (3,600 lb ROC).
- Lift Type: T650 uses radial lift while TL12V2 uses vertical lift.
- Track Type: T650 is a wheeled skid steer (SSL) while TL12V2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T650s average 3,044 hours while TL12V2s average 2,220 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or TL12V2? Check current listings with Deal Scores.
Which is the better value: T650 or TL12V2?
Choose the Bobcat T650 if:
- You want lower upfront cost ($15,213 savings)
- You work on pavement, concrete, or hard surfaces
- 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 work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do T650 and TL12V2 prices compare by year?
| Year | Bobcat T650 | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | $59,964 (4) |
| 2018 | $34,160 (14) | $55,312 (2) |
| 2017 | $39,602 (10) | — |
| 2016 | $38,512 (28) | $54,962 (8) |
| 2015 | $36,931 (24) | — |
| 2014 | $29,227 (21) | — |
| 2013 | $32,758 (6) | — |
| 2012 | $33,418 (6) | — |
| 2011 | $32,382 (8) | — |
| 2010 | $22,146 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and TL12V2 prices compare by hours?
| Hours | Bobcat T650 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $48,051 (18) | $43,156 (6) |
| 2,000-2,999 hrs | $37,011 (52) | $57,260 (8) |
| 3,000-3,999 hrs | $32,988 (36) | $31,189 (4) |
| 4,000+ hrs | $27,937 (26) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or TL12V2 in Canada?
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