Caterpillar 246B vs Takeuchi TL12: Which Is the Better Value?

| Based on 88 verified Canadian auction sales

The Caterpillar 246B averages $20,827 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $14,908 difference. Based on 88 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 $14,908 less than the TL12.

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 →

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 246B and TL12 specs compare?

Caterpillar 246B vs Takeuchi TL12 specifications comparison
Spec Caterpillar 246B 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 246B and TL12?

  • Price: The 246B is $14,908 cheaper on average (42% savings).
  • Usage: Used 246Bs average 3,676 hours while TL12s average 3,141 hours.

Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.

Looking for a 246B or TL12? Check current listings with Deal Scores.

Which is the better value: 246B or TL12?

Choose the Takeuchi TL12 if:

  • You prefer Takeuchi's dealer network and parts availability

How do 246B and TL12 prices compare by year?

Caterpillar 246B vs Takeuchi TL12 prices by model year (CAD)
Year Caterpillar 246B Takeuchi TL12
2016 $37,026 (20)
2015 $36,787 (14)
2014 $34,467 (16)
2013 $43,162 (16)
2012 $36,473 (2)
2007 $20,147 (2)
2005 $19,591 (10)
2004 $24,258 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 246B and TL12 prices compare by hours?

Caterpillar 246B vs Takeuchi TL12 prices by hours (CAD)
Hours Caterpillar 246B Takeuchi TL12
0-999 hrs $28,987 (2) $42,666 (4)
1,000-1,999 hrs $26,128 (2) $49,775 (6)
2,000-2,999 hrs $41,346 (26)
3,000-3,999 hrs $17,992 (2) $34,568 (8)
4,000+ hrs $18,332 (6) $27,354 (16)

Hours matter more than age for resale value. See our hours vs age analysis.

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