Caterpillar 299D3 vs Takeuchi TL12: Which Is the Better Value?
The Caterpillar 299D3 averages $68,618 CAD at auction, compared to $35,736 for the Takeuchi TL12. That's a $32,882 difference. Based on 201 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL12 is the better value buy for most Canadian buyers, averaging $32,882 less than the 299D3.
Caterpillar 299D3
CTL$68,618 CAD avg
$644
Low
$189,054
High
129
Sales
Avg 2,599 hours · 2019–2024 model years
Full price guide →Takeuchi TL12
SSL$35,736 CAD avg
$467
Low
$77,418
High
72
Sales
Avg 3,141 hours · 2012–2016 model years
Full price guide →How do 299D3 and TL12 specs compare?
| Spec | Caterpillar 299D3 | Takeuchi TL12 |
|---|---|---|
| Horsepower | — | 111 hp |
| Rated Operating Capacity | — | 3,560 lbs |
| Operating Weight | — | 12,632 lbs |
| Lift Type | — | radial |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between 299D3 and TL12?
- Price: The TL12 is $32,882 cheaper on average (48% savings).
- Track Type: 299D3 is a compact track loader (CTL) while TL12 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 299D3s average 2,599 hours while TL12s average 3,141 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 299D3 or TL12? Check current listings with Deal Scores.
Which is the better value: 299D3 or TL12?
Choose the Caterpillar 299D3 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12 if:
- You want lower upfront cost ($32,882 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Takeuchi's dealer network and parts availability
How do 299D3 and TL12 prices compare by year?
| Year | Caterpillar 299D3 | Takeuchi TL12 |
|---|---|---|
| 2024 | $92,749 (5) | — |
| 2023 | $115,692 (32) | — |
| 2022 | $52,146 (7) | — |
| 2021 | $46,612 (41) | — |
| 2020 | $55,579 (34) | — |
| 2019 | $64,846 (8) | — |
| 2016 | — | $37,026 (20) |
| 2015 | — | $36,787 (14) |
| 2014 | — | $34,467 (16) |
| 2013 | — | $43,162 (16) |
| 2012 | — | $36,473 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 299D3 and TL12 prices compare by hours?
| Hours | Caterpillar 299D3 | Takeuchi TL12 |
|---|---|---|
| 0-999 hrs | $112,751 (31) | $42,666 (4) |
| 1,000-1,999 hrs | $141,540 (3) | $49,775 (6) |
| 2,000-2,999 hrs | $64,698 (21) | $41,346 (26) |
| 3,000-3,999 hrs | $52,582 (56) | $34,568 (8) |
| 4,000+ hrs | $44,899 (9) | $27,354 (16) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 299D3 or TL12 in Canada?
Caterpillar 299D3
2025 Caterpillar 299D3
1,011 hrs · Edmonton
$139,900 CAD
2024 Caterpillar 299D3
408 hrs · Edmonton
$141,300 CAD
2023 Caterpillar 299D3
460 hrs · Calgary
$124,681 CAD
2023 Caterpillar 299D3
1,680 hrs · Quebec
$86,481 CAD
Takeuchi TL12
No active listings right now.
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