Caterpillar 118C vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $40,484 difference. Based on 49 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 $40,484 less than the TL12R2.
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 →What are the key differences between 118C and TL12R2?
- Price: The 118C is $40,484 cheaper on average (93% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while TL12R2 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 TL12R2? Check current listings with Deal Scores.
Which is the better value: 118C or TL12R2?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($40,484 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12R2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL12R2 prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL12R2 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2020 | — | $79,161 (2) |
| 2019 | $4,200 (2) | $48,345 (3) |
| 2018 | $3,127 (2) | $31,169 (2) |
| 2017 | $2,189 (2) | $38,463 (6) |
| 2014 | $2,032 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and TL12R2 prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL12R2 |
|---|---|---|
| 1,000-1,999 hrs | — | $62,506 (6) |
| 2,000-2,999 hrs | — | $31,224 (5) |
| 3,000-3,999 hrs | — | $33,716 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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