Caterpillar 248B vs Takeuchi TL12R2: Which Is the Better Value?

| Based on 31 verified Canadian auction sales

The Caterpillar 248B averages $16,409 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $27,307 difference. Based on 31 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 $27,307 less than the TL12R2.

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 TL12R2

CTL

$43,717 CAD avg

$23,771

Low

$89,562

High

15

Sales

Avg 2,026 hours · 2017–2020 model years

Full price guide →

What are the key differences between 248B and TL12R2?

  • Price: The 248B is $27,307 cheaper on average (62% savings).
  • Track Type: 248B is a wheeled skid steer (SSL) while TL12R2 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 TL12R2s average 2,026 hours.

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

Looking for a 248B or TL12R2? Check current listings with Deal Scores.

Which is the better value: 248B or TL12R2?

Choose the Takeuchi TL12R2 if:

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

How do 248B and TL12R2 prices compare by year?

Caterpillar 248B vs Takeuchi TL12R2 prices by model year (CAD)
Year Caterpillar 248B Takeuchi TL12R2
2020 $79,161 (2)
2019 $48,345 (3)
2018 $31,169 (2)
2017 $38,463 (6)
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 TL12R2 prices compare by hours?

Caterpillar 248B vs Takeuchi TL12R2 prices by hours (CAD)
Hours Caterpillar 248B Takeuchi TL12R2
0-999 hrs $22,270 (4)
1,000-1,999 hrs $62,506 (6)
2,000-2,999 hrs $18,337 (2) $31,224 (5)
3,000-3,999 hrs $14,322 (4) $33,716 (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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