Caterpillar 248B vs Takeuchi TL12R: Which Is the Better Value?

| Based on 26 verified Canadian auction sales

The Caterpillar 248B averages $16,409 CAD at auction, compared to $56,725 for the Takeuchi TL12R. That's a $40,315 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 248B is the better value buy for most Canadian buyers, averaging $40,315 less than the TL12R.

Caterpillar 248B

SSL

$16,409 CAD avg

$7,286

Low

$28,841

High

16

Sales

Avg 4,803 hours · 2004–2007 model years

Full price guide →

Takeuchi TL12R

CTL

$56,725 CAD avg

$17,018

Low

$95,633

High

10

Sales

Avg 1,958 hours · 2017–2023 model years

Full price guide →

What are the key differences between 248B and TL12R?

  • Price: The 248B is $40,315 cheaper on average (71% savings).
  • Track Type: 248B is a wheeled skid steer (SSL) while TL12R is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used 248Bs average 4,803 hours while TL12Rs average 1,958 hours.

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

Looking for a 248B or TL12R? Check current listings with Deal Scores.

Which is the better value: 248B or TL12R?

Choose the Takeuchi TL12R if:

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

How do 248B and TL12R prices compare by year?

Caterpillar 248B vs Takeuchi TL12R prices by model year (CAD)
Year Caterpillar 248B Takeuchi TL12R
2023 $84,875 (2)
2018 $64,794 (4)
2017 $49,646 (2)
2007 $18,337 (2)
2006 $13,251 (6)
2005 $17,812 (6)
2004 $19,747 (2)

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

How do 248B and TL12R prices compare by hours?

Caterpillar 248B vs Takeuchi TL12R prices by hours (CAD)
Hours Caterpillar 248B Takeuchi TL12R
0-999 hrs $22,270 (4) $84,875 (2)
1,000-1,999 hrs $76,541 (2)
2,000-2,999 hrs $18,337 (2) $49,646 (2)
3,000-3,999 hrs $14,322 (4) $53,047 (2)
4,000+ hrs $13,251 (6)

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

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