Caterpillar 246D vs Takeuchi TL12R: Which Is the Better Value?

| Based on 40 verified Canadian auction sales

The Caterpillar 246D averages $26,085 CAD at auction, compared to $56,725 for the Takeuchi TL12R. That's a $30,639 difference. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $30,639 less than the TL12R.

Caterpillar 246D

SSL

$26,085 CAD avg

$13,661

Low

$38,709

High

30

Sales

Avg 5,024 hours · 2014–2019 model years

Full price guide →

Takeuchi TL12R

CTL

$56,725 CAD avg

$17,018

Low

$95,633

High

10

Sales

Avg 1,958 hours · 2017–2023 model years

Full price guide →

What are the key differences between 246D and TL12R?

  • Price: The 246D is $30,639 cheaper on average (54% savings).
  • Track Type: 246D is a wheeled skid steer (SSL) while TL12R is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 246Ds average 5,024 hours while TL12Rs average 1,958 hours.

Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.

Looking for a 246D or TL12R? Check current listings with Deal Scores.

Which is the better value: 246D or TL12R?

Choose the Takeuchi TL12R if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Takeuchi's dealer network and parts availability

How do 246D and TL12R prices compare by year?

Caterpillar 246D vs Takeuchi TL12R prices by model year (CAD)
Year Caterpillar 246D Takeuchi TL12R
2023 $84,875 (2)
2019 $26,817 (4)
2018 $25,143 (6) $64,794 (4)
2017 $29,262 (2) $49,646 (2)
2016 $18,027 (4)
2015 $24,088 (6)
2014 $25,777 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 246D and TL12R prices compare by hours?

Caterpillar 246D vs Takeuchi TL12R prices by hours (CAD)
Hours Caterpillar 246D Takeuchi TL12R
0-999 hrs $84,875 (2)
1,000-1,999 hrs $28,287 (3) $76,541 (2)
2,000-2,999 hrs $29,667 (3) $49,646 (2)
3,000-3,999 hrs $28,910 (6) $53,047 (2)
4,000+ hrs $24,179 (18)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 246D or TL12R in Canada?

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