Caterpillar 246D vs Takeuchi TL12V: Which Is the Better Value?
The Caterpillar 246D averages $26,085 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $18,078 difference. Based on 44 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 $18,078 less than the TL12V.
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 TL12V
CTL$44,163 CAD avg
$13,799
Low
$86,526
High
14
Sales
Avg 2,580 hours · 2016–2022 model years
Full price guide →What are the key differences between 246D and TL12V?
- Price: The 246D is $18,078 cheaper on average (41% savings).
- Track Type: 246D is a wheeled skid steer (SSL) while TL12V 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 TL12Vs average 2,580 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 246D or TL12V? Check current listings with Deal Scores.
Which is the better value: 246D or TL12V?
Choose the Caterpillar 246D if:
- You want lower upfront cost ($18,078 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 246D and TL12V prices compare by year?
| Year | Caterpillar 246D | Takeuchi TL12V |
|---|---|---|
| 2022 | — | $21,045 (2) |
| 2020 | — | $30,654 (4) |
| 2019 | $26,817 (4) | $60,665 (4) |
| 2018 | $25,143 (6) | $40,568 (2) |
| 2017 | $29,262 (2) | — |
| 2016 | $18,027 (4) | $64,888 (2) |
| 2015 | $24,088 (6) | — |
| 2014 | $25,777 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 246D and TL12V prices compare by hours?
| Hours | Caterpillar 246D | Takeuchi TL12V |
|---|---|---|
| 0-999 hrs | — | $75,890 (2) |
| 1,000-1,999 hrs | $28,287 (3) | $13,799 (1) |
| 2,000-2,999 hrs | $29,667 (3) | $50,298 (6) |
| 3,000-3,999 hrs | $28,910 (6) | $37,652 (3) |
| 4,000+ hrs | $24,179 (18) | $18,975 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 246D or TL12V 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 TL12V
No active listings right now.
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