Caterpillar 118C vs Takeuchi TL230: Which Is the Better Value?
The Caterpillar 118C averages $3,233 CAD at auction, compared to $25,577 for the Takeuchi TL230. That's a $22,344 difference. Based on 40 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 $22,344 less than the TL230.
Takeuchi TL230
CTL$25,577 CAD avg
$18,764
Low
$35,673
High
6
Sales
Avg 2,495 hours · 2011–2011 model years
Full price guide →What are the key differences between 118C and TL230?
- Price: The 118C is $22,344 cheaper on average (87% savings).
- Track Type: 118C is a wheeled skid steer (SSL) while TL230 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 TL230? Check current listings with Deal Scores.
Which is the better value: 118C or TL230?
Choose the Caterpillar 118C if:
- You want lower upfront cost ($22,344 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL230 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 118C and TL230 prices compare by year?
| Year | Caterpillar 118C | Takeuchi TL230 |
|---|---|---|
| 2022 | $4,891 (2) | — |
| 2019 | $4,200 (2) | — |
| 2018 | $3,127 (2) | — |
| 2017 | $2,189 (2) | — |
| 2014 | $2,032 (6) | — |
| 2011 | — | $26,632 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 118C and TL230 prices compare by hours?
| Hours | Caterpillar 118C | Takeuchi TL230 |
|---|---|---|
| 1,000-1,999 hrs | — | $23,467 (2) |
| 3,000-3,999 hrs | — | $30,601 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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