Caterpillar 299D3 vs Takeuchi TL12V2: Which Is the Better Value?
The Caterpillar 299D3 averages $68,618 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $19,145 difference. Based on 155 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 $19,145 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 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 299D3 and TL12V2 specs compare?
| Spec | Caterpillar 299D3 | 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 299D3 and TL12V2?
- Price: The TL12V2 is $19,145 cheaper on average (28% savings).
- Usage: Used 299D3s average 2,599 hours while TL12V2s average 2,220 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 299D3 or TL12V2? Check current listings with Deal Scores.
Which is the better value: 299D3 or TL12V2?
Choose the Caterpillar 299D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You want lower upfront cost ($19,145 savings)
- You prefer Takeuchi's dealer network and parts availability
How do 299D3 and TL12V2 prices compare by year?
| Year | Caterpillar 299D3 | Takeuchi TL12V2 |
|---|---|---|
| 2024 | $92,749 (5) | — |
| 2023 | $115,692 (32) | — |
| 2022 | $52,146 (7) | — |
| 2021 | $46,612 (41) | $40,750 (8) |
| 2020 | $55,579 (34) | — |
| 2019 | $64,846 (8) | $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 299D3 and TL12V2 prices compare by hours?
| Hours | Caterpillar 299D3 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $112,751 (31) | $78,440 (4) |
| 1,000-1,999 hrs | $141,540 (3) | $43,156 (6) |
| 2,000-2,999 hrs | $64,698 (21) | $57,260 (8) |
| 3,000-3,999 hrs | $52,582 (56) | $31,189 (4) |
| 4,000+ hrs | $44,899 (9) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 299D3 or TL12V2 in Canada?
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