Bobcat T740 vs Takeuchi TL12R2: Which Is the Better Value?

| Based on 46 verified Canadian auction sales

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?

Bobcat T740 vs Takeuchi TL12R2 specifications comparison
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 Takeuchi TL12R2 if:

  • You prefer Takeuchi's dealer network and parts availability

How do T740 and TL12R2 prices compare by year?

Bobcat T740 vs Takeuchi TL12R2 prices by model year (CAD)
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?

Bobcat T740 vs Takeuchi TL12R2 prices by hours (CAD)
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?

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