Caterpillar 262B vs Takeuchi TL240: Which Is the Better Value?
The Caterpillar 262B averages $18,443 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $5,433 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262B is the better value buy for most Canadian buyers, averaging $5,433 less than the TL240.
Caterpillar 262B
SSL$18,443 CAD avg
$11,840
Low
$26,564
High
20
Sales
Avg 4,186 hours · 2004–2007 model years
Full price guide →Takeuchi TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →What are the key differences between 262B and TL240?
- Price: The 262B is $5,433 cheaper on average (23% savings).
- Track Type: 262B is a wheeled skid steer (SSL) while TL240 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262B or TL240? Check current listings with Deal Scores.
Which is the better value: 262B or TL240?
Choose the Caterpillar 262B if:
- You want lower upfront cost ($5,433 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 262B and TL240 prices compare by year?
| Year | Caterpillar 262B | Takeuchi TL240 |
|---|---|---|
| 2012 | — | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
| 2007 | $19,357 (2) | — |
| 2006 | $16,135 (10) | — |
| 2005 | $21,753 (6) | — |
| 2004 | $19,143 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262B and TL240 prices compare by hours?
| Hours | Caterpillar 262B | Takeuchi TL240 |
|---|---|---|
| 0-999 hrs | $22,441 (2) | — |
| 2,000-2,999 hrs | $19,614 (2) | $32,173 (8) |
| 3,000-3,999 hrs | $19,357 (2) | $23,874 (8) |
| 4,000+ hrs | $16,410 (8) | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 262B
We'll send you current pricing and available units. No spam.
Get a Price Quote on Takeuchi TL240
We'll send you current pricing and available units. No spam.