Caterpillar 242B vs Takeuchi TL12V: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $25,398 difference. Based on 36 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 $25,398 less than the TL12V.
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 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 242B and TL12V?
- Price: The 242B is $25,398 cheaper on average (58% savings).
- Track Type: 242B 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 242Bs average 3,523 hours while TL12Vs average 2,580 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or TL12V? Check current listings with Deal Scores.
Which is the better value: 242B or TL12V?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($25,398 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 242B and TL12V prices compare by year?
| Year | Caterpillar 242B | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | — | $30,654 (4) |
| 2019 | — | $60,665 (4) |
| 2018 | — | $40,568 (2) |
| 2016 | — | $64,888 (2) |
| 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 TL12V prices compare by hours?
| Hours | Caterpillar 242B | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | — | $75,890 (2) |
| 1,000-1,999 hrs | $19,840 (4) | $13,799 (1) |
| 2,000-2,999 hrs | $24,793 (4) | $50,298 (6) |
| 3,000-3,999 hrs | — | $37,652 (3) |
| 4,000+ hrs | $21,238 (8) | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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