Caterpillar 289D3 vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 289D3 averages $71,262 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $21,789 difference. Based on 74 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL12V2 is the better value buy for most Canadian buyers, averaging $21,789 less than the 289D3.
Caterpillar 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 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 289D3 and TL12V2 specs compare?
| Spec | Caterpillar 289D3 | 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 289D3 and TL12V2?
- Price: The TL12V2 is $21,789 cheaper on average (31% savings).
- Usage: Used 289D3s average 1,828 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 289D3 or TL12V2? Check current listings with Deal Scores.
Which is the better value: 289D3 or TL12V2?
Choose the Caterpillar 289D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You want lower upfront cost ($21,789 savings)
- You prefer Takeuchi's dealer network and parts availability
How do 289D3 and TL12V2 prices compare by year?
| Year | Caterpillar 289D3 | Takeuchi TL12V2 |
|---|---|---|
| 2023 | $97,053 (22) | — |
| 2022 | $70,206 (6) | — |
| 2021 | $35,654 (6) | $40,750 (8) |
| 2020 | $43,561 (8) | — |
| 2019 | $50,295 (6) | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 289D3 and TL12V2 prices compare by hours?
| Hours | Caterpillar 289D3 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $97,397 (24) | $78,440 (4) |
| 1,000-1,999 hrs | $63,219 (4) | $43,156 (6) |
| 2,000-2,999 hrs | $44,780 (7) | $57,260 (8) |
| 3,000-3,999 hrs | $41,957 (10) | $31,189 (4) |
| 4,000+ hrs | $32,384 (3) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 289D3 or TL12V2 in Canada?
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