Caterpillar 226D3 vs Takeuchi TL12R2: Which Is the Better Value?

| Based on 23 verified Canadian auction sales

The Caterpillar 226D3 averages $35,287 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $8,430 difference. Based on 23 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 226D3 is the better value buy for most Canadian buyers, averaging $8,430 less than the TL12R2.

Caterpillar 226D3

SSL

$35,287 CAD avg

$20,493

Low

$55,199

High

8

Sales

Avg 739 hours · 2020–2024 model years

Full price guide →

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 226D3 and TL12R2?

  • Price: The 226D3 is $8,430 cheaper on average (19% savings).
  • Track Type: 226D3 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.
  • Usage: Used 226D3s average 739 hours while TL12R2s average 2,026 hours.

Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.

Looking for a 226D3 or TL12R2? Check current listings with Deal Scores.

Which is the better value: 226D3 or TL12R2?

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 226D3 and TL12R2 prices compare by year?

Caterpillar 226D3 vs Takeuchi TL12R2 prices by model year (CAD)
Year Caterpillar 226D3 Takeuchi TL12R2
2024 $45,999 (3)
2023 $37,260 (2)
2022 $27,599 (1)
2020 $21,088 (2) $79,161 (2)
2019 $48,345 (3)
2018 $31,169 (2)
2017 $38,463 (6)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 226D3 and TL12R2 prices compare by hours?

Caterpillar 226D3 vs Takeuchi TL12R2 prices by hours (CAD)
Hours Caterpillar 226D3 Takeuchi TL12R2
0-999 hrs $40,019 (6)
1,000-1,999 hrs $21,088 (2) $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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