Caterpillar 118C vs Takeuchi TL12R: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $56,725 for the Takeuchi TL12R. That's a $53,491 difference. Based on 44 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 $53,491 less than the TL12R.
Takeuchi TL12R
CTL$56,725 CAD avg
$17,018
Low
$95,633
High
10
Sales
Avg 1,958 hours · 2017–2023 model years
Full price guide →What are the key differences between 118C and TL12R?
- Price: The 118C is $53,491 cheaper on average (94% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while TL12R 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 TL12R? Check current listings with Deal Scores.
Which is the better value: 118C or TL12R?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($53,491 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12R if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL12R prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL12R |
|---|---|---|
| 2023 | — | $84,875 (2) |
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | $64,794 (4) |
| 2017 | $2,189 (2) | $49,646 (2) |
| 2014 | $2,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and TL12R prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL12R |
|---|---|---|
| 0-999 hrs | — | $84,875 (2) |
| 1,000-1,999 hrs | — | $76,541 (2) |
| 2,000-2,999 hrs | — | $49,646 (2) |
| 3,000-3,999 hrs | — | $53,047 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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