Caterpillar 246B vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $28,645 difference. Based on 42 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 $28,645 less than the TL12V2.
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 TL12V2
CTL$49,473 CAD avg
$16,899
Low
$92,598
High
26
Sales
Avg 2,220 hours · 2016–2021 model years
Full price guide →How do 246B and TL12V2 specs compare?
| Spec | Caterpillar 246B | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | — | 117 hp |
| Rated Operating Capacity | — | 3,600 lbs |
| Operating Weight | — | 13,051 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 246B and TL12V2?
- Price: The 246B is $28,645 cheaper on average (58% savings).
- Track Type: 246B is a wheeled skid steer (SSL) while TL12V2 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 TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 246B or TL12V2? Check current listings with Deal Scores.
Which is the better value: 246B or TL12V2?
Choose the Caterpillar 246B if:
- You want lower upfront cost ($28,645 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 246B and TL12V2 prices compare by year?
| Year | Caterpillar 246B | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 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 TL12V2 prices compare by hours?
| Hours | Caterpillar 246B | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $28,987 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $26,128 (2) | $43,156 (6) |
| 2,000-2,999 hrs | — | $57,260 (8) |
| 3,000-3,999 hrs | $17,992 (2) | $31,189 (4) |
| 4,000+ hrs | $18,332 (6) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246B or TL12V2 in Canada?
Caterpillar 246B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 246B
We'll send you current pricing and available units. No spam.
Get a Price Quote on Takeuchi TL12V2
We'll send you current pricing and available units. No spam.