Caterpillar 246B vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $22,889 difference. Based on 31 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 $22,889 less than the TL12R2.
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 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 246B and TL12R2?
- Price: The 246B is $22,889 cheaper on average (52% savings).
- Track Type: 246B 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.
- Usage: Used 246Bs average 3,676 hours while TL12R2s average 2,026 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 246B or TL12R2? Check current listings with Deal Scores.
Which is the better value: 246B or TL12R2?
Choose the Caterpillar 246B if:
- You want lower upfront cost ($22,889 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 246B and TL12R2 prices compare by year?
| Year | Caterpillar 246B | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | — | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
| 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 TL12R2 prices compare by hours?
| Hours | Caterpillar 246B | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $28,987 (2) | — |
| 1,000-1,999 hrs | $26,128 (2) | $62,506 (6) |
| 2,000-2,999 hrs | — | $31,224 (5) |
| 3,000-3,999 hrs | $17,992 (2) | $33,716 (2) |
| 4,000+ hrs | $18,332 (6) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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