Bobcat T740 vs Takeuchi TL12R2: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $11,298 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T740 is the better value buy for most Canadian buyers, averaging $11,298 less than the TL12R2.
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 TL12R2
CTL$43,717 CAD avg
$23,771
Low
$89,562
High
15
Sales
Avg 2,026 hours · 2017–2020 model years
Full price guide →How do T740 and TL12R2 specs compare?
| Spec | Bobcat T740 | Takeuchi TL12R2 |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,400 lbs | — |
| Operating Weight | 9,375 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between T740 and TL12R2?
- Price: The T740 is $11,298 cheaper on average (26% savings).
- Usage: Used T740s average 2,678 hours while TL12R2s average 2,026 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or TL12R2? Check current listings with Deal Scores.
Which is the better value: T740 or TL12R2?
Choose the Bobcat T740 if:
- You want lower upfront cost ($11,298 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL12R2 if:
- You prefer Takeuchi's dealer network and parts availability
How do T740 and TL12R2 prices compare by year?
| Year | Bobcat T740 | Takeuchi TL12R2 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2020 | — | $79,161 (2) |
| 2019 | $30,554 (18) | $48,345 (3) |
| 2018 | $38,071 (4) | $31,169 (2) |
| 2017 | $36,331 (6) | $38,463 (6) |
| 2016 | $32,017 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and TL12R2 prices compare by hours?
| Hours | Bobcat T740 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | — |
| 1,000-1,999 hrs | $33,036 (7) | $62,506 (6) |
| 2,000-2,999 hrs | $30,518 (11) | $31,224 (5) |
| 3,000-3,999 hrs | $34,884 (5) | $33,716 (2) |
| 4,000+ hrs | $37,048 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or TL12R2 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 TL12R2
No active listings right now.
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