Caterpillar 242B3 vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 242B3 averages $26,329 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $17,387 difference. Based on 23 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B3 is the better value buy for most Canadian buyers, averaging $17,387 less than the TL12R2.
Caterpillar 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 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 242B3 and TL12R2?
- Price: The 242B3 is $17,387 cheaper on average (40% savings).
- Track Type: 242B3 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.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242B3 or TL12R2? Check current listings with Deal Scores.
Which is the better value: 242B3 or TL12R2?
Choose the Caterpillar 242B3 if:
- You want lower upfront cost ($17,387 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 242B3 and TL12R2 prices compare by year?
| Year | Caterpillar 242B3 | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | — | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 2013 | $26,032 (2) | — |
| 2012 | $26,428 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B3 and TL12R2 prices compare by hours?
| Hours | Caterpillar 242B3 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $26,032 (2) | — |
| 1,000-1,999 hrs | $25,297 (4) | $62,506 (6) |
| 2,000-2,999 hrs | — | $31,224 (5) |
| 3,000-3,999 hrs | — | $33,716 (2) |
| 4,000+ hrs | $28,690 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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