Caterpillar 277B vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 277B averages $22,804 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $26,668 difference. Based on 50 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 277B is the better value buy for most Canadian buyers, averaging $26,668 less than the TL12V2.
Caterpillar 277B
CTL$22,804 CAD avg
$9,108
Low
$34,914
High
24
Sales
Avg 2,881 hours · 2004–2006 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 277B and TL12V2 specs compare?
| Spec | Caterpillar 277B | 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 277B and TL12V2?
- Price: The 277B is $26,668 cheaper on average (54% savings).
- Usage: Used 277Bs average 2,881 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 277B or TL12V2? Check current listings with Deal Scores.
Which is the better value: 277B or TL12V2?
Choose the Caterpillar 277B if:
- You want lower upfront cost ($26,668 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You prefer Takeuchi's dealer network and parts availability
How do 277B and TL12V2 prices compare by year?
| Year | Caterpillar 277B | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 2006 | $28,171 (4) | — |
| 2005 | $21,651 (12) | — |
| 2004 | $21,850 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 277B and TL12V2 prices compare by hours?
| Hours | Caterpillar 277B | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $27,160 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $27,160 (2) | $43,156 (6) |
| 2,000-2,999 hrs | $24,197 (6) | $57,260 (8) |
| 3,000-3,999 hrs | $21,690 (2) | $31,189 (4) |
| 4,000+ hrs | $29,397 (4) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 277B or TL12V2 in Canada?
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