Caterpillar 262D vs Takeuchi TL240: Which Is the Better Value?

| Based on 117 verified Canadian auction sales

The Caterpillar 262D averages $27,304 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $3,427 difference. Based on 117 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $3,427 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

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 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 262D and TL240?

  • Price: The TL240 is $3,427 cheaper on average (13% savings).
  • Track Type: 262D 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 262D or TL240? Check current listings with Deal Scores.

Which is the better value: 262D or TL240?

Choose the Caterpillar 262D if:

  • You work on pavement, concrete, or hard surfaces
  • You prefer Caterpillar's dealer network and parts availability

How do 262D and TL240 prices compare by year?

Caterpillar 262D vs Takeuchi TL240 prices by model year (CAD)
Year Caterpillar 262D Takeuchi TL240
2019 $23,439 (4)
2018 $26,302 (14)
2017 $24,194 (16)
2016 $31,259 (12)
2015 $31,425 (17)
2014 $23,830 (22)
2013 $42,801 (4)
2012 $24,635 (8)
2011 $33,857 (4)
2010 $21,417 (6)
2008 $19,973 (8)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 262D and TL240 prices compare by hours?

Caterpillar 262D vs Takeuchi TL240 prices by hours (CAD)
Hours Caterpillar 262D Takeuchi TL240
0-999 hrs $47,156 (4)
1,000-1,999 hrs $34,947 (14)
2,000-2,999 hrs $29,670 (18) $32,173 (8)
3,000-3,999 hrs $24,712 (11) $23,874 (8)
4,000+ hrs $22,850 (38) $17,242 (10)

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

Where can I buy a 262D or TL240 in Canada?

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