Caterpillar 226D3 vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 226D3 averages $35,287 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $14,185 difference. Based on 34 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 $14,185 less than the TL12V2.
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 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 226D3 and TL12V2 specs compare?
| Spec | Caterpillar 226D3 | 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 226D3 and TL12V2?
- Price: The 226D3 is $14,185 cheaper on average (29% savings).
- Track Type: 226D3 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 226D3s average 739 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 226D3 or TL12V2? Check current listings with Deal Scores.
Which is the better value: 226D3 or TL12V2?
Choose the Caterpillar 226D3 if:
- You want lower upfront cost ($14,185 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 226D3 and TL12V2 prices compare by year?
| Year | Caterpillar 226D3 | Takeuchi TL12V2 |
|---|---|---|
| 2024 | $45,999 (3) | — |
| 2023 | $37,260 (2) | — |
| 2022 | $27,599 (1) | — |
| 2021 | — | $40,750 (8) |
| 2020 | $21,088 (2) | — |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 226D3 and TL12V2 prices compare by hours?
| Hours | Caterpillar 226D3 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $40,019 (6) | $78,440 (4) |
| 1,000-1,999 hrs | $21,088 (2) | $43,156 (6) |
| 2,000-2,999 hrs | — | $57,260 (8) |
| 3,000-3,999 hrs | — | $31,189 (4) |
| 4,000+ hrs | — | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 226D3 or TL12V2 in Canada?
Caterpillar 226D3
No active listings right now.
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