Caterpillar 262D vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 262D averages $27,304 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $22,168 difference. Based on 117 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 $22,168 less than the TL12V2.
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 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 262D and TL12V2 specs compare?
| Spec | Caterpillar 262D | 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 262D and TL12V2?
- Price: The 262D is $22,168 cheaper on average (45% savings).
- Track Type: 262D 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 262Ds average 3,845 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262D or TL12V2? Check current listings with Deal Scores.
Which is the better value: 262D or TL12V2?
Choose the Caterpillar 262D if:
- You want lower upfront cost ($22,168 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 262D and TL12V2 prices compare by year?
| Year | Caterpillar 262D | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | $23,439 (4) | $59,964 (4) |
| 2018 | $26,302 (14) | $55,312 (2) |
| 2017 | $24,194 (16) | — |
| 2016 | $31,259 (12) | $54,962 (8) |
| 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 TL12V2 prices compare by hours?
| Hours | Caterpillar 262D | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $47,156 (4) | $78,440 (4) |
| 1,000-1,999 hrs | $34,947 (14) | $43,156 (6) |
| 2,000-2,999 hrs | $29,670 (18) | $57,260 (8) |
| 3,000-3,999 hrs | $24,712 (11) | $31,189 (4) |
| 4,000+ hrs | $22,850 (38) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D or TL12V2 in Canada?
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