Bobcat T740 vs Takeuchi TL8: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $2,022 difference. Power-wise, the T740 offers 74 HP versus the TL8's 74 HP. The T740 has 2,400 lb rated operating capacity vs 1,900 lb for the TL8. Based on 78 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,022 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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do T740 and TL8 specs compare?
| Spec | Bobcat T740 | Takeuchi TL8 |
|---|---|---|
| Horsepower | 74 hp | 74 hp |
| Rated Operating Capacity | 2,400 lbs | 1,900 lbs |
| Operating Weight | 9,375 lbs | 8,532 lbs |
| Lift Type | vertical | radial |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T740 and TL8?
- Price: The TL8 is $2,022 cheaper on average (6% savings).
- Lifting Capacity: The T740 lifts 500 lbs more (2,400 lb ROC).
- Lift Type: T740 uses vertical lift while TL8 uses radial lift.
- Usage: Used T740s average 2,678 hours while TL8s average 2,340 hours.
Both Bobcat and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or TL8? Check current listings with Deal Scores.
Which is the better value: T740 or TL8?
Choose the Bobcat T740 if:
- You need higher lifting capacity (2,400 lbs)
- You prefer Bobcat's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You want lower upfront cost ($2,022 savings)
- You prefer Takeuchi's dealer network and parts availability
How do T740 and TL8 prices compare by year?
| Year | Bobcat T740 | Takeuchi TL8 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2020 | — | $55,069 (2) |
| 2019 | $30,554 (18) | $25,587 (6) |
| 2018 | $38,071 (4) | $32,347 (9) |
| 2017 | $36,331 (6) | $26,248 (4) |
| 2016 | $32,017 (2) | $24,275 (4) |
| 2015 | — | $31,728 (18) |
| 2014 | — | $26,342 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and TL8 prices compare by hours?
| Hours | Bobcat T740 | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $55,069 (2) |
| 1,000-1,999 hrs | $33,036 (7) | $33,418 (15) |
| 2,000-2,999 hrs | $30,518 (11) | $27,670 (20) |
| 3,000-3,999 hrs | $34,884 (5) | $27,505 (2) |
| 4,000+ hrs | $37,048 (5) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or TL8 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 TL8
No active listings right now.
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