Caterpillar 226B vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 226B averages $15,990 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $33,482 difference. Based on 49 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 226B is the better value buy for most Canadian buyers, averaging $33,482 less than the TL12V2.
Caterpillar 226B
SSL$15,990 CAD avg
$6,223
Low
$24,287
High
23
Sales
Avg 3,098 hours · 2004–2011 model years
Full price guide →Takeuchi TL12V2
CTL$49,473 CAD avg
$16,899
Low
$92,598
High
26
Sales
Avg 2,220 hours · 2016–2021 model years
Full price guide →How do 226B and TL12V2 specs compare?
| Spec | Caterpillar 226B | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | — | 117 hp |
| Rated Operating Capacity | — | 3,600 lbs |
| Operating Weight | — | 13,051 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 226B and TL12V2?
- Price: The 226B is $33,482 cheaper on average (68% savings).
- Track Type: 226B is a wheeled skid steer (SSL) while TL12V2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 226Bs average 3,098 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 226B or TL12V2? Check current listings with Deal Scores.
Which is the better value: 226B or TL12V2?
Choose the Caterpillar 226B if:
- You want lower upfront cost ($33,482 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 226B and TL12V2 prices compare by year?
| Year | Caterpillar 226B | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 2011 | $15,749 (4) | — |
| 2006 | $16,779 (4) | — |
| 2005 | $19,095 (3) | — |
| 2004 | $16,773 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226B and TL12V2 prices compare by hours?
| Hours | Caterpillar 226B | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $16,289 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $17,269 (2) | $43,156 (6) |
| 2,000-2,999 hrs | $20,972 (6) | $57,260 (8) |
| 3,000-3,999 hrs | $13,659 (4) | $31,189 (4) |
| 4,000+ hrs | $15,041 (5) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 226B or TL12V2 in Canada?
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