Caterpillar 262D3 vs Takeuchi TL8: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $30,396 for the Takeuchi TL8. That's a $4,537 difference. Based on 63 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,537 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 TL8
CTL$30,396 CAD avg
$10,152
Low
$63,755
High
47
Sales
Avg 2,340 hours · 2014–2020 model years
Full price guide →How do 262D3 and TL8 specs compare?
| Spec | Caterpillar 262D3 | Takeuchi TL8 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 1,900 lbs |
| Operating Weight | — | 8,532 lbs |
| Lift Type | — | radial |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 262D3 and TL8?
- Price: The TL8 is $4,537 cheaper on average (13% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while TL8 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 TL8s average 2,340 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or TL8? Check current listings with Deal Scores.
Which is the better value: 262D3 or TL8?
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL8 if:
- You want lower upfront cost ($4,537 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 262D3 and TL8 prices compare by year?
| Year | Caterpillar 262D3 | Takeuchi TL8 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | $55,069 (2) |
| 2019 | — | $25,587 (6) |
| 2018 | — | $32,347 (9) |
| 2017 | — | $26,248 (4) |
| 2016 | — | $24,275 (4) |
| 2015 | — | $31,728 (18) |
| 2014 | — | $26,342 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and TL8 prices compare by hours?
| Hours | Caterpillar 262D3 | Takeuchi TL8 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | $55,069 (2) |
| 1,000-1,999 hrs | — | $33,418 (15) |
| 2,000-2,999 hrs | $42,560 (6) | $27,670 (20) |
| 3,000-3,999 hrs | $30,387 (2) | $27,505 (2) |
| 4,000+ hrs | $31,531 (7) | $26,646 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or TL8 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 TL8
No active listings right now.
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