Caterpillar 118C vs Takeuchi TL12: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $32,503 difference. Based on 106 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 $32,503 less than the TL12.
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 118C and TL12 specs compare?
| Spec | Caterpillar 118C | Takeuchi TL12 |
|---|---|---|
| Horsepower | — | 111 hp |
| Rated Operating Capacity | — | 3,560 lbs |
| Operating Weight | — | 12,632 lbs |
| Lift Type | — | radial |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 118C and TL12?
- Price: The 118C is $32,503 cheaper on average (91% savings).
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 118C or TL12? Check current listings with Deal Scores.
Which is the better value: 118C or TL12?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($32,503 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL12 prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL12 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2016 | — | $37,026 (20) |
| 2015 | — | $36,787 (14) |
| 2014 | $2,032 (6) | $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 118C and TL12 prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | — | $42,666 (4) |
| 1,000-1,999 hrs | — | $49,775 (6) |
| 2,000-2,999 hrs | — | $41,346 (26) |
| 3,000-3,999 hrs | — | $34,568 (8) |
| 4,000+ hrs | — | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
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