Caterpillar 246D vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $17,632 difference. Based on 45 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 $17,632 less than the TL12R2.
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 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 246D and TL12R2?
- Price: The 246D is $17,632 cheaper on average (40% savings).
- Track Type: 246D 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 246Ds average 5,024 hours while TL12R2s average 2,026 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or TL12R2? Check current listings with Deal Scores.
Which is the better value: 246D or TL12R2?
Choose the Caterpillar 246D if:
- You want lower upfront cost ($17,632 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 246D and TL12R2 prices compare by year?
| Year | Caterpillar 246D | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | $26,817 (4) | $48,345 (3) |
| 2018 | $25,143 (6) | $31,169 (2) |
| 2017 | $29,262 (2) | $38,463 (6) |
| 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 TL12R2 prices compare by hours?
| Hours | Caterpillar 246D | Takeuchi TL12R2 |
|---|---|---|
| 1,000-1,999 hrs | $28,287 (3) | $62,506 (6) |
| 2,000-2,999 hrs | $29,667 (3) | $31,224 (5) |
| 3,000-3,999 hrs | $28,910 (6) | $33,716 (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 TL12R2 in Canada?
Caterpillar 246D
2017 Caterpillar 246D
3,034 hrs · Edmonton
$39,500 CAD
2018 Caterpillar 246D
2,886 hrs · Surrey
$48,900 CAD
2017 Caterpillar 246D
3,068 hrs · Edmonton
$41,900 CAD
2015 Caterpillar 246D
N/A hrs · Penticton
$41,500 CAD
Takeuchi TL12R2
No active listings right now.
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