Caterpillar 226D3 vs Takeuchi TL12V: Which Is the Better Value?
The Caterpillar 226D3 averages $35,287 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $8,875 difference. Based on 22 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 $8,875 less than the TL12V.
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 TL12V
CTL$44,163 CAD avg
$13,799
Low
$86,526
High
14
Sales
Avg 2,580 hours · 2016–2022 model years
Full price guide →What are the key differences between 226D3 and TL12V?
- Price: The 226D3 is $8,875 cheaper on average (20% savings).
- Track Type: 226D3 is a wheeled skid steer (SSL) while TL12V 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 TL12Vs average 2,580 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 226D3 or TL12V? Check current listings with Deal Scores.
Which is the better value: 226D3 or TL12V?
Choose the Caterpillar 226D3 if:
- You want lower upfront cost ($8,875 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 226D3 and TL12V prices compare by year?
| Year | Caterpillar 226D3 | Takeuchi TL12V |
|---|---|---|
| 2024 | $45,999 (3) | — |
| 2023 | $37,260 (2) | — |
| 2022 | $27,599 (1) | $21,045 (2) |
| 2020 | $21,088 (2) | $30,654 (4) |
| 2019 | — | $60,665 (4) |
| 2018 | — | $40,568 (2) |
| 2016 | — | $64,888 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226D3 and TL12V prices compare by hours?
| Hours | Caterpillar 226D3 | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | $40,019 (6) | $75,890 (2) |
| 1,000-1,999 hrs | $21,088 (2) | $13,799 (1) |
| 2,000-2,999 hrs | — | $50,298 (6) |
| 3,000-3,999 hrs | — | $37,652 (3) |
| 4,000+ hrs | — | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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