Caterpillar 246B vs Takeuchi TL12: Which Is the Better Value?
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?
| 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 Caterpillar 246B if:
- You want lower upfront cost ($14,908 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You prefer Takeuchi's dealer network and parts availability
How do 246B and TL12 prices compare by year?
| 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?
| 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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