Bobcat T740 vs Takeuchi TL12: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $3,317 difference. Power-wise, the T740 offers 74 HP versus the TL12's 111 HP. The T740 has 2,400 lb rated operating capacity vs 3,560 lb for the TL12. Based on 103 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,317 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat T740
CTL$32,419 CAD avg
$17,940
Low
$51,616
High
31
Sales
Avg 2,678 hours · 2016–2021 model years
Full price guide →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do T740 and TL12 specs compare?
| Spec | Bobcat T740 | Takeuchi TL12 |
|---|---|---|
| Horsepower | 74 hp | 111 hp |
| Rated Operating Capacity | 2,400 lbs | 3,560 lbs |
| Operating Weight | 9,375 lbs | 12,632 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T740 and TL12?
- Price: The T740 is $3,317 cheaper on average (9% savings).
- Power: The TL12 has 37 more horsepower (111 HP vs 74 HP).
- Lifting Capacity: The TL12 lifts 1160 lbs more (3,560 lb ROC).
- Lift Type: T740 uses vertical lift while TL12 uses radial lift.
- Track Type: T740 is a compact track loader (CTL) while TL12 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T740s average 2,678 hours while TL12s average 3,141 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or TL12? Check current listings with Deal Scores.
Which is the better value: T740 or TL12?
Choose the Bobcat T740 if:
- You want lower upfront cost ($3,317 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You need more power (111 HP)
- You need higher lifting capacity (3,560 lbs)
- You work on pavement, concrete, or hard surfaces
- You prefer Takeuchi's dealer network and parts availability
How do T740 and TL12 prices compare by year?
| Year | Bobcat T740 | Takeuchi TL12 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | $37,026 (20) |
| 2015 | — | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | — | $43,162 (16) |
| 2012 | — | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and TL12 prices compare by hours?
| Hours | Bobcat T740 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $42,666 (4) |
| 1,000-1,999 hrs | $33,036 (7) | $49,775 (6) |
| 2,000-2,999 hrs | $30,518 (11) | $41,346 (26) |
| 3,000-3,999 hrs | $34,884 (5) | $34,568 (8) |
| 4,000+ hrs | $37,048 (5) | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or TL12 in Canada?
Bobcat T740
2021 Bobcat T740
2,436 hrs · Sarnia
$57,700 CAD
2021 Bobcat T740
3,036 hrs · Barrie
$55,700 CAD
2021 Bobcat T740
1,736 hrs · Mississauga
$89,500 CAD
2016 Bobcat T740
3,004 hrs · Mississauga
$59,900 CAD
Takeuchi TL12
No active listings right now.
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