Caterpillar 242B vs Takeuchi TL12: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $16,971 difference. Based on 94 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $16,971 less than the TL12.
Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do 242B and TL12 specs compare?
| Spec | Caterpillar 242B | Takeuchi TL12 |
|---|---|---|
| Horsepower | — | 111 hp |
| Rated Operating Capacity | — | 3,560 lbs |
| Operating Weight | — | 12,632 lbs |
| Lift Type | — | radial |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 242B and TL12?
- Price: The 242B is $16,971 cheaper on average (47% savings).
- Usage: Used 242Bs average 3,523 hours while TL12s average 3,141 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or TL12? Check current listings with Deal Scores.
Which is the better value: 242B or TL12?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($16,971 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You prefer Takeuchi's dealer network and parts availability
How do 242B and TL12 prices compare by year?
| Year | Caterpillar 242B | Takeuchi TL12 |
|---|---|---|
| 2016 | — | $37,026 (20) |
| 2015 | — | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | $17,396 (2) | $43,162 (16) |
| 2012 | $19,401 (2) | $36,473 (2) |
| 2008 | $29,111 (2) | — |
| 2006 | $27,942 (2) | — |
| 2005 | $16,962 (10) | — |
| 2004 | $13,874 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and TL12 prices compare by hours?
| Hours | Caterpillar 242B | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | — | $42,666 (4) |
| 1,000-1,999 hrs | $19,840 (4) | $49,775 (6) |
| 2,000-2,999 hrs | $24,793 (4) | $41,346 (26) |
| 3,000-3,999 hrs | — | $34,568 (8) |
| 4,000+ hrs | $21,238 (8) | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
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