Caterpillar 118C vs Takeuchi TL140: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $18,698 for the Takeuchi TL140. That's a $15,465 difference. Based on 74 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 $15,465 less than the TL140.
Takeuchi TL140
CTL$18,698 CAD avg
$5,243
Low
$34,914
High
40
Sales
Avg 3,546 hours · 2004–2008 model years
Full price guide →What are the key differences between 118C and TL140?
- Price: The 118C is $15,465 cheaper on average (83% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while TL140 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 TL140? Check current listings with Deal Scores.
Which is the better value: 118C or TL140?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($15,465 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL140 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL140 prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL140 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2008 | — | $21,427 (6) |
| 2007 | — | $19,023 (10) |
| 2006 | — | $16,640 (4) |
| 2005 | — | $13,293 (6) |
| 2004 | — | $20,211 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and TL140 prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL140 |
|---|---|---|
| 0-999 hrs | — | $16,940 (4) |
| 1,000-1,999 hrs | — | $19,592 (6) |
| 2,000-2,999 hrs | — | $16,226 (2) |
| 3,000-3,999 hrs | — | $23,521 (8) |
| 4,000+ hrs | — | $18,353 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
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