Caterpillar 242D3 vs Takeuchi TL12: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $10,769 difference. Based on 81 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL12 is the better value buy for most Canadian buyers, averaging $10,769 less than the 242D3.
Caterpillar 242D3
SSL$46,506 CAD avg
$11,040
Low
$74,888
High
9
Sales
Avg 1,362 hours · 2020–2022 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 242D3 and TL12 specs compare?
| Spec | Caterpillar 242D3 | 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 242D3 and TL12?
- Price: The TL12 is $10,769 cheaper on average (23% savings).
- Usage: Used 242D3s average 1,362 hours while TL12s average 3,141 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or TL12? Check current listings with Deal Scores.
Which is the better value: 242D3 or TL12?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You want lower upfront cost ($10,769 savings)
- You prefer Takeuchi's dealer network and parts availability
How do 242D3 and TL12 prices compare by year?
| Year | Caterpillar 242D3 | Takeuchi TL12 |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2016 | — | $37,026 (20) |
| 2015 | — | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | — | $43,162 (16) |
| 2012 | — | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and TL12 prices compare by hours?
| Hours | Caterpillar 242D3 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $42,666 (4) |
| 1,000-1,999 hrs | $52,417 (4) | $49,775 (6) |
| 2,000-2,999 hrs | $25,806 (2) | $41,346 (26) |
| 3,000-3,999 hrs | — | $34,568 (8) |
| 4,000+ hrs | — | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or TL12 in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →Takeuchi TL12
No active listings right now.
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