Caterpillar 246D vs Takeuchi TL8: Which Is the Better Value?

| Based on 77 verified Canadian auction sales

The Caterpillar 246D averages $26,085 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $4,311 difference. Based on 77 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $4,311 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 TL8

CTL

$30,396 CAD avg

$10,152

Low

$63,755

High

47

Sales

Avg 2,340 hours · 2014–2020 model years

Full price guide →

How do 246D and TL8 specs compare?

Caterpillar 246D vs Takeuchi TL8 specifications comparison
Spec Caterpillar 246D Takeuchi TL8
Horsepower 74 hp
Rated Operating Capacity 1,900 lbs
Operating Weight 8,532 lbs
Lift Type radial
Frame Size mid
High Flow 1 gpm

What are the key differences between 246D and TL8?

  • Price: The 246D is $4,311 cheaper on average (14% savings).
  • Track Type: 246D is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.

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

Looking for a 246D or TL8? Check current listings with Deal Scores.

Which is the better value: 246D or TL8?

Choose the Takeuchi TL8 if:

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

How do 246D and TL8 prices compare by year?

Caterpillar 246D vs Takeuchi TL8 prices by model year (CAD)
Year Caterpillar 246D Takeuchi TL8
2020 $55,069 (2)
2019 $26,817 (4) $25,587 (6)
2018 $25,143 (6) $32,347 (9)
2017 $29,262 (2) $26,248 (4)
2016 $18,027 (4) $24,275 (4)
2015 $24,088 (6) $31,728 (18)
2014 $25,777 (4) $26,342 (2)

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

How do 246D and TL8 prices compare by hours?

Caterpillar 246D vs Takeuchi TL8 prices by hours (CAD)
Hours Caterpillar 246D Takeuchi TL8
0-999 hrs $55,069 (2)
1,000-1,999 hrs $28,287 (3) $33,418 (15)
2,000-2,999 hrs $29,667 (3) $27,670 (20)
3,000-3,999 hrs $28,910 (6) $27,505 (2)
4,000+ hrs $24,179 (18) $26,646 (4)

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

Where can I buy a 246D or TL8 in Canada?

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