Caterpillar 118C vs Takeuchi TL150: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $22,659 for the Takeuchi TL150. That's a $19,426 difference. Based on 46 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 $19,426 less than the TL150.
Takeuchi TL150
CTL$22,659 CAD avg
$5,008
Low
$37,191
High
12
Sales
Avg 2,928 hours · 2003–2007 model years
Full price guide →What are the key differences between 118C and TL150?
- Price: The 118C is $19,426 cheaper on average (86% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while TL150 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 TL150? Check current listings with Deal Scores.
Which is the better value: 118C or TL150?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($19,426 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL150 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL150 prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL150 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2007 | — | $30,669 (2) |
| 2006 | — | $32,855 (2) |
| 2005 | — | $24,518 (2) |
| 2004 | — | $21,995 (2) |
| 2003 | — | $20,149 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and TL150 prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL150 |
|---|---|---|
| 0-999 hrs | — | $5,768 (2) |
| 2,000-2,999 hrs | — | $22,333 (4) |
| 3,000-3,999 hrs | — | $27,425 (4) |
| 4,000+ hrs | — | $30,669 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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