Caterpillar 248B vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 248B averages $16,409 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $33,063 difference. Based on 42 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 $33,063 less than the TL12V2.
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 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 248B and TL12V2 specs compare?
| Spec | Caterpillar 248B | 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 248B and TL12V2?
- Price: The 248B is $33,063 cheaper on average (67% savings).
- Track Type: 248B is a wheeled skid steer (SSL) while TL12V2 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 TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 248B or TL12V2? Check current listings with Deal Scores.
Which is the better value: 248B or TL12V2?
Choose the Caterpillar 248B if:
- You want lower upfront cost ($33,063 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 248B and TL12V2 prices compare by year?
| Year | Caterpillar 248B | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 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 TL12V2 prices compare by hours?
| Hours | Caterpillar 248B | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $22,270 (4) | $78,440 (4) |
| 1,000-1,999 hrs | — | $43,156 (6) |
| 2,000-2,999 hrs | $18,337 (2) | $57,260 (8) |
| 3,000-3,999 hrs | $14,322 (4) | $31,189 (4) |
| 4,000+ hrs | $13,251 (6) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 248B or TL12V2 in Canada?
Caterpillar 248B
No active listings right now.
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