Caterpillar 246B vs Mustang TL25: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $6,994 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246B is the better value buy for most Canadian buyers, averaging $6,994 less than the TL25.
Caterpillar 246B
SSL$20,827 CAD avg
$14,724
Low
$29,891
High
16
Sales
Avg 3,676 hours · 2004–2007 model years
Full price guide →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →What are the key differences between 246B and TL25?
- Price: The 246B is $6,994 cheaper on average (25% savings).
- Track Type: 246B is a wheeled skid steer (SSL) while TL25 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 246Bs average 3,676 hours while TL25s average 2,704 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 246B or TL25? Check current listings with Deal Scores.
Which is the better value: 246B or TL25?
Choose the Caterpillar 246B if:
- You want lower upfront cost ($6,994 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL25 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do 246B and TL25 prices compare by year?
| Year | Caterpillar 246B | Mustang TL25 |
|---|---|---|
| 2007 | $20,147 (2) | — |
| 2005 | $19,591 (10) | $21,921 (2) |
| 2004 | $24,258 (4) | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246B and TL25 prices compare by hours?
| Hours | Caterpillar 246B | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $28,987 (2) | $21,921 (2) |
| 1,000-1,999 hrs | $26,128 (2) | — |
| 2,000-2,999 hrs | — | $24,569 (2) |
| 3,000-3,999 hrs | $17,992 (2) | — |
| 4,000+ hrs | $18,332 (6) | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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