Caterpillar 242B vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $24,952 difference. Based on 37 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 $24,952 less than the TL12R2.
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 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 242B and TL12R2?
- Price: The 242B is $24,952 cheaper on average (57% savings).
- Track Type: 242B 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 242Bs average 3,523 hours while TL12R2s average 2,026 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or TL12R2? Check current listings with Deal Scores.
Which is the better value: 242B or TL12R2?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($24,952 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
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 242B and TL12R2 prices compare by year?
| Year | Caterpillar 242B | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | — | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (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 TL12R2 prices compare by hours?
| Hours | Caterpillar 242B | Takeuchi TL12R2 |
|---|---|---|
| 1,000-1,999 hrs | $19,840 (4) | $62,506 (6) |
| 2,000-2,999 hrs | $24,793 (4) | $31,224 (5) |
| 3,000-3,999 hrs | — | $33,716 (2) |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242B
We'll send you current pricing and available units. No spam.
Get a Price Quote on Takeuchi TL12R2
We'll send you current pricing and available units. No spam.