Caterpillar 248B vs Takeuchi TL12V: Which Is the Better Value?

| Based on 30 verified Canadian auction sales

The Caterpillar 248B averages $16,409 CAD at auction, compared to $44,163 for the Takeuchi TL12V. That's a $27,753 difference. Based on 30 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 $27,753 less than the TL12V.

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 TL12V

CTL

$44,163 CAD avg

$13,799

Low

$86,526

High

14

Sales

Avg 2,580 hours · 2016–2022 model years

Full price guide →

What are the key differences between 248B and TL12V?

  • Price: The 248B is $27,753 cheaper on average (63% savings).
  • Track Type: 248B is a wheeled skid steer (SSL) while TL12V 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 TL12Vs average 2,580 hours.

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

Looking for a 248B or TL12V? Check current listings with Deal Scores.

Which is the better value: 248B or TL12V?

Choose the Takeuchi TL12V if:

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

How do 248B and TL12V prices compare by year?

Caterpillar 248B vs Takeuchi TL12V prices by model year (CAD)
Year Caterpillar 248B Takeuchi TL12V
2022 $21,045 (2)
2020 $30,654 (4)
2019 $60,665 (4)
2018 $40,568 (2)
2016 $64,888 (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 TL12V prices compare by hours?

Caterpillar 248B vs Takeuchi TL12V prices by hours (CAD)
Hours Caterpillar 248B Takeuchi TL12V
0-999 hrs $22,270 (4) $75,890 (2)
1,000-1,999 hrs $13,799 (1)
2,000-2,999 hrs $18,337 (2) $50,298 (6)
3,000-3,999 hrs $14,322 (4) $37,652 (3)
4,000+ hrs $13,251 (6) $18,975 (2)

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

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