Caterpillar 262D vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 262D averages $27,304 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $16,412 difference. Based on 106 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D is the better value buy for most Canadian buyers, averaging $16,412 less than the TL12R2.
Caterpillar 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 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 262D and TL12R2?
- Price: The 262D is $16,412 cheaper on average (38% savings).
- Track Type: 262D 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 262Ds average 3,845 hours while TL12R2s average 2,026 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262D or TL12R2? Check current listings with Deal Scores.
Which is the better value: 262D or TL12R2?
Choose the Caterpillar 262D if:
- You want lower upfront cost ($16,412 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
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 262D and TL12R2 prices compare by year?
| Year | Caterpillar 262D | Takeuchi TL12R2 |
|---|---|---|
| 2020 | — | $79,161 (2) |
| 2019 | $23,439 (4) | $48,345 (3) |
| 2018 | $26,302 (14) | $31,169 (2) |
| 2017 | $24,194 (16) | $38,463 (6) |
| 2016 | $31,259 (12) | — |
| 2015 | $31,425 (17) | — |
| 2014 | $23,830 (22) | — |
| 2013 | $42,801 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D and TL12R2 prices compare by hours?
| Hours | Caterpillar 262D | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $47,156 (4) | — |
| 1,000-1,999 hrs | $34,947 (14) | $62,506 (6) |
| 2,000-2,999 hrs | $29,670 (18) | $31,224 (5) |
| 3,000-3,999 hrs | $24,712 (11) | $33,716 (2) |
| 4,000+ hrs | $22,850 (38) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D or TL12R2 in Canada?
Caterpillar 262D
2019 Caterpillar 262D
3,000 hrs · Calgary
$45,000 CAD
2015 Caterpillar 262D
3,166 hrs · Kingston
$39,900 CAD
2016 Caterpillar 262D
4,133 hrs · Caledonia
$46,900 CAD
2018 Caterpillar 262D
4,869 hrs · Surrey
$33,100 CAD
Takeuchi TL12R2
No active listings right now.
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