Gehl 562 vs Takeuchi TL240: Which Is the Better Value?
The Gehl 562 averages $9,276 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $14,600 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Gehl 562 is the better value buy for most Canadian buyers, averaging $14,600 less than the TL240.
Gehl 562
SSL$9,276 CAD avg
$4,705
Low
$15,306
High
8
Sales
Avg 2,774 hours · None–None model years
Full price guide →Takeuchi TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →What are the key differences between 562 and TL240?
- Price: The 562 is $14,600 cheaper on average (61% savings).
- Track Type: 562 is a wheeled skid steer (SSL) while TL240 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 562s average 2,774 hours while TL240s average 3,982 hours.
Both Gehl and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 562 or TL240? Check current listings with Deal Scores.
Which is the better value: 562 or TL240?
Choose the Gehl 562 if:
- You want lower upfront cost ($14,600 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Gehl's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 562 and TL240 prices compare by year?
| Year | Gehl 562 | Takeuchi TL240 |
|---|---|---|
| 2012 | — | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 562 and TL240 prices compare by hours?
| Hours | Gehl 562 | Takeuchi TL240 |
|---|---|---|
| 1,000-1,999 hrs | $7,405 (2) | — |
| 2,000-2,999 hrs | $4,890 (2) | $32,173 (8) |
| 3,000-3,999 hrs | $12,405 (4) | $23,874 (8) |
| 4,000+ hrs | — | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
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