Caterpillar 247B vs Takeuchi TL8: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $9,061 difference. Based on 57 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 $9,061 less than the TL8.
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 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 247B and TL8 specs compare?
| Spec | Caterpillar 247B | 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 247B and TL8?
- Price: The 247B is $9,061 cheaper on average (30% savings).
- Usage: Used 247Bs average 3,652 hours while TL8s average 2,340 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 247B or TL8? Check current listings with Deal Scores.
Which is the better value: 247B or TL8?
Choose the Caterpillar 247B if:
- You want lower upfront cost ($9,061 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You prefer Takeuchi's dealer network and parts availability
How do 247B and TL8 prices compare by year?
| Year | Caterpillar 247B | Takeuchi TL8 |
|---|---|---|
| 2020 | — | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | — | $31,728 (18) |
| 2014 | — | $26,342 (2) |
| 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 TL8 prices compare by hours?
| Hours | Caterpillar 247B | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | — | $55,069 (2) |
| 1,000-1,999 hrs | — | $33,418 (15) |
| 2,000-2,999 hrs | $24,225 (4) | $27,670 (20) |
| 3,000-3,999 hrs | $28,444 (2) | $27,505 (2) |
| 4,000+ hrs | $14,890 (4) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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