John Deere 318G vs Takeuchi TL12V2: Which Is the Better Value?
The John Deere 318G averages $24,411 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $25,061 difference. Power-wise, the 318G offers 65 HP versus the TL12V2's 117 HP. The 318G has 1,850 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 35 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 318G is the better value buy for most Canadian buyers, averaging $25,061 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 52 HP or the higher 3,600 lb lifting capacity .
John Deere 318G
SSL$24,411 CAD avg
$11,040
Low
$31,870
High
9
Sales
Avg 1,418 hours · 2016–2020 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 318G and TL12V2 specs compare?
| Spec | John Deere 318G | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 65 hp | 117 hp |
| Rated Operating Capacity | 1,850 lbs | 3,600 lbs |
| Operating Weight | 6,830 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 318G and TL12V2?
- Price: The 318G is $25,061 cheaper on average (51% savings).
- Power: The TL12V2 has 52 more horsepower (117 HP vs 65 HP).
- Lifting Capacity: The TL12V2 lifts 1750 lbs more (3,600 lb ROC).
- Track Type: 318G is a wheeled skid steer (SSL) while TL12V2 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 318Gs average 1,418 hours while TL12V2s average 2,220 hours.
Both John Deere and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 318G or TL12V2? Check current listings with Deal Scores.
Which is the better value: 318G or TL12V2?
Choose the John Deere 318G if:
- You want lower upfront cost ($25,061 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer John Deere's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You need more power (117 HP)
- You need higher lifting capacity (3,600 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 318G and TL12V2 prices compare by year?
| Year | John Deere 318G | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2020 | $11,040 (1) | — |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2017 | $29,976 (2) | — |
| 2016 | $24,785 (6) | $54,962 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 318G and TL12V2 prices compare by hours?
| Hours | John Deere 318G | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $29,976 (2) | $78,440 (4) |
| 1,000-1,999 hrs | $24,785 (6) | $43,156 (6) |
| 2,000-2,999 hrs | $11,040 (1) | $57,260 (8) |
| 3,000-3,999 hrs | — | $31,189 (4) |
| 4,000+ hrs | — | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 318G or TL12V2 in Canada?
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