Caterpillar 246B vs Takeuchi TL8: Which Is the Better Value?
The Caterpillar 246B averages $20,827 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $9,568 difference. Based on 63 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 $9,568 less than the TL8.
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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do 246B and TL8 specs compare?
| Spec | Caterpillar 246B | Takeuchi TL8 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 1,900 lbs |
| Operating Weight | — | 8,532 lbs |
| Lift Type | — | radial |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 246B and TL8?
- Price: The 246B is $9,568 cheaper on average (31% savings).
- Track Type: 246B is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 246B or TL8? Check current listings with Deal Scores.
Which is the better value: 246B or TL8?
Choose the Caterpillar 246B if:
- You want lower upfront cost ($9,568 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 246B and TL8 prices compare by year?
| Year | Caterpillar 246B | Takeuchi TL8 |
|---|---|---|
| 2020 | — | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | — | $31,728 (18) |
| 2014 | — | $26,342 (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 TL8 prices compare by hours?
| Hours | Caterpillar 246B | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | $28,987 (2) | $55,069 (2) |
| 1,000-1,999 hrs | $26,128 (2) | $33,418 (15) |
| 2,000-2,999 hrs | — | $27,670 (20) |
| 3,000-3,999 hrs | $17,992 (2) | $27,505 (2) |
| 4,000+ hrs | $18,332 (6) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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