Caterpillar 262D3 vs Takeuchi TL12R: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $56,725 for the Takeuchi TL12R. That's a $21,791 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D3 is the better value buy for most Canadian buyers, averaging $21,791 less than the TL12R.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →Takeuchi TL12R
CTL$56,725 CAD avg
$17,018
Low
$95,633
High
10
Sales
Avg 1,958 hours · 2017–2023 model years
Full price guide →What are the key differences between 262D3 and TL12R?
- Price: The 262D3 is $21,791 cheaper on average (38% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while TL12R is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 262D3s average 3,424 hours while TL12Rs average 1,958 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or TL12R? Check current listings with Deal Scores.
Which is the better value: 262D3 or TL12R?
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($21,791 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12R if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 262D3 and TL12R prices compare by year?
| Year | Caterpillar 262D3 | Takeuchi TL12R |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | $84,875 (2) |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2018 | — | $64,794 (4) |
| 2017 | — | $49,646 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and TL12R prices compare by hours?
| Hours | Caterpillar 262D3 | Takeuchi TL12R |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $84,875 (2) |
| 1,000-1,999 hrs | — | $76,541 (2) |
| 2,000-2,999 hrs | $42,560 (6) | $49,646 (2) |
| 3,000-3,999 hrs | $30,387 (2) | $53,047 (2) |
| 4,000+ hrs | $31,531 (7) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or TL12R in Canada?
Caterpillar 262D3
2020 Caterpillar 262D3
1,243 hrs · Lacombe
$69,998 CAD
2023 Caterpillar 262D3
384 hrs · Castlegar
$74,998 CAD
2021 Caterpillar 262D3
72 hrs · Brandon
$53,750 CAD
2023 Caterpillar 262D3
494 hrs · Prince George
$82,500 CAD
Takeuchi TL12R
No active listings right now.
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