Caterpillar 262D3 vs Takeuchi TL12R2: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $43,717 for the Takeuchi TL12R2. That's a $8,783 difference. Based on 31 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 $8,783 less than the TL12R2.
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 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 262D3 and TL12R2?
- Price: The 262D3 is $8,783 cheaper on average (20% savings).
- Track Type: 262D3 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 262D3s average 3,424 hours while TL12R2s average 2,026 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or TL12R2? Check current listings with Deal Scores.
Which is the better value: 262D3 or TL12R2?
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($8,783 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 262D3 and TL12R2 prices compare by year?
| Year | Caterpillar 262D3 | Takeuchi TL12R2 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | $79,161 (2) |
| 2019 | — | $48,345 (3) |
| 2018 | — | $31,169 (2) |
| 2017 | — | $38,463 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and TL12R2 prices compare by hours?
| Hours | Caterpillar 262D3 | Takeuchi TL12R2 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 1,000-1,999 hrs | — | $62,506 (6) |
| 2,000-2,999 hrs | $42,560 (6) | $31,224 (5) |
| 3,000-3,999 hrs | $30,387 (2) | $33,716 (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 TL12R2 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 TL12R2
No active listings right now.
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