Caterpillar 247B vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $28,137 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 247B is the better value buy for most Canadian buyers, averaging $28,137 less than the TL12V2.
Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →Takeuchi TL12V2
CTL$49,473 CAD avg
$16,899
Low
$92,598
High
26
Sales
Avg 2,220 hours · 2016–2021 model years
Full price guide →How do 247B and TL12V2 specs compare?
| Spec | Caterpillar 247B | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | — | 117 hp |
| Rated Operating Capacity | — | 3,600 lbs |
| Operating Weight | — | 13,051 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 247B and TL12V2?
- Price: The 247B is $28,137 cheaper on average (57% savings).
- Usage: Used 247Bs average 3,652 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 247B or TL12V2? Check current listings with Deal Scores.
Which is the better value: 247B or TL12V2?
Choose the Caterpillar 247B if:
- You want lower upfront cost ($28,137 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You prefer Takeuchi's dealer network and parts availability
How do 247B and TL12V2 prices compare by year?
| Year | Caterpillar 247B | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 2007 | $24,222 (4) | — |
| 2006 | $20,675 (4) | — |
| 2005 | $16,881 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 247B and TL12V2 prices compare by hours?
| Hours | Caterpillar 247B | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | — | $78,440 (4) |
| 1,000-1,999 hrs | — | $43,156 (6) |
| 2,000-2,999 hrs | $24,225 (4) | $57,260 (8) |
| 3,000-3,999 hrs | $28,444 (2) | $31,189 (4) |
| 4,000+ hrs | $14,890 (4) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 247B or TL12V2 in Canada?
Caterpillar 247B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 247B
We'll send you current pricing and available units. No spam.
Get a Price Quote on Takeuchi TL12V2
We'll send you current pricing and available units. No spam.