Caterpillar 118C vs Takeuchi TL10V2: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $36,234 for the Takeuchi TL10V2. That's a $33,001 difference. Based on 45 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $33,001 less than the TL10V2.
Takeuchi TL10V2
CTL$36,234 CAD avg
$245
Low
$53,888
High
11
Sales
Avg 1,947 hours · 2017–2025 model years
Full price guide →What are the key differences between 118C and TL10V2?
- Price: The 118C is $33,001 cheaper on average (91% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while TL10V2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or TL10V2? Check current listings with Deal Scores.
Which is the better value: 118C or TL10V2?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($33,001 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL10V2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL10V2 prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL10V2 |
|---|---|---|
| 2025 | — | $41,400 (1) |
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | $44,576 (8) |
| 2014 | $2,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and TL10V2 prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL10V2 |
|---|---|---|
| 0-999 hrs | — | $41,400 (1) |
| 1,000-1,999 hrs | — | $44,627 (6) |
| 3,000-3,999 hrs | — | $44,424 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 118C or TL10V2 in Canada?
Caterpillar 118C
No active listings right now.
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