Caterpillar 246D vs Takeuchi TL240: Which Is the Better Value?

| Based on 56 verified Canadian auction sales

The Caterpillar 246D averages $26,085 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $2,207 difference. Based on 56 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $2,207 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

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 TL240

CTL

$23,877 CAD avg

$7,937

Low

$45,540

High

26

Sales

Avg 3,982 hours · 2008–2012 model years

Full price guide →

What are the key differences between 246D and TL240?

  • Price: The TL240 is $2,207 cheaper on average (8% savings).
  • Track Type: 246D is a wheeled skid steer (SSL) while TL240 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 TL240s average 3,982 hours.

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

Looking for a 246D or TL240? Check current listings with Deal Scores.

Which is the better value: 246D or TL240?

Choose the Caterpillar 246D if:

  • You work on pavement, concrete, or hard surfaces
  • You prefer Caterpillar's dealer network and parts availability

How do 246D and TL240 prices compare by year?

Caterpillar 246D vs Takeuchi TL240 prices by model year (CAD)
Year Caterpillar 246D Takeuchi TL240
2019 $26,817 (4)
2018 $25,143 (6)
2017 $29,262 (2)
2016 $18,027 (4)
2015 $24,088 (6)
2014 $25,777 (4)
2012 $24,635 (8)
2011 $33,857 (4)
2010 $21,417 (6)
2008 $19,973 (8)

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

How do 246D and TL240 prices compare by hours?

Caterpillar 246D vs Takeuchi TL240 prices by hours (CAD)
Hours Caterpillar 246D Takeuchi TL240
1,000-1,999 hrs $28,287 (3)
2,000-2,999 hrs $29,667 (3) $32,173 (8)
3,000-3,999 hrs $28,910 (6) $23,874 (8)
4,000+ hrs $24,179 (18) $17,242 (10)

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

Where can I buy a 246D or TL240 in Canada?

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