Caterpillar 246C vs Mustang TL25: Which Is the Better Value?
The Caterpillar 246C averages $20,251 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $7,571 difference. Based on 45 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246C is the better value buy for most Canadian buyers, averaging $7,571 less than the TL25.
Caterpillar 246C
SSL$20,251 CAD avg
$7,286
Low
$34,905
High
39
Sales
Avg 5,344 hours · 2007–2013 model years
Full price guide →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →What are the key differences between 246C and TL25?
- Price: The 246C is $7,571 cheaper on average (27% savings).
- Track Type: 246C is a wheeled skid steer (SSL) while TL25 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 246Cs average 5,344 hours while TL25s average 2,704 hours.
Both Caterpillar and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a 246C or TL25? Check current listings with Deal Scores.
Which is the better value: 246C or TL25?
Choose the Caterpillar 246C if:
- You want lower upfront cost ($7,571 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Mustang TL25 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do 246C and TL25 prices compare by year?
| Year | Caterpillar 246C | Mustang TL25 |
|---|---|---|
| 2013 | $27,179 (2) | — |
| 2012 | $23,133 (8) | — |
| 2011 | $15,420 (10) | — |
| 2010 | $25,021 (10) | — |
| 2008 | $11,542 (6) | — |
| 2007 | $25,566 (3) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246C and TL25 prices compare by hours?
| Hours | Caterpillar 246C | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $34,530 (2) | $21,921 (2) |
| 1,000-1,999 hrs | $27,768 (2) | — |
| 2,000-2,999 hrs | $14,406 (2) | $24,569 (2) |
| 3,000-3,999 hrs | $22,295 (4) | — |
| 4,000+ hrs | $19,048 (27) | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246C or TL25 in Canada?
Caterpillar 246C
All Caterpillar 246C listings →Mustang TL25
No active listings right now.
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