John Deere 331G vs Takeuchi TL12V2: Which Is the Better Value?
The John Deere 331G averages $59,332 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $9,859 difference. Power-wise, the 331G offers 91 HP versus the TL12V2's 117 HP. The 331G has 3,000 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 66 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 $9,859 less than the 331G. With similar specs, the price difference is hard to justify unless you have a strong brand preference.
John Deere 331G
CTL$59,332 CAD avg
$28,082
Low
$83,036
High
40
Sales
Avg 1,876 hours · 2016–2023 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 331G and TL12V2 specs compare?
| Spec | John Deere 331G | Takeuchi TL12V2 |
|---|---|---|
| Horsepower | 91 hp | 117 hp |
| Rated Operating Capacity | 3,000 lbs | 3,600 lbs |
| Operating Weight | 11,205 lbs | 13,051 lbs |
| Lift Type | vertical | vertical |
| Frame Size | large | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between 331G and TL12V2?
- Price: The TL12V2 is $9,859 cheaper on average (17% savings).
- Power: The TL12V2 has 26 more horsepower (117 HP vs 91 HP).
- Lifting Capacity: The TL12V2 lifts 600 lbs more (3,600 lb ROC).
- Usage: Used 331Gs average 1,876 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 331G or TL12V2? Check current listings with Deal Scores.
Which is the better value: 331G or TL12V2?
Choose the John Deere 331G if:
- You prefer John Deere's dealer network and parts availability
Choose the Takeuchi TL12V2 if:
- You want lower upfront cost ($9,859 savings)
- You need more power (117 HP)
- You need higher lifting capacity (3,600 lbs)
- You prefer Takeuchi's dealer network and parts availability
How do 331G and TL12V2 prices compare by year?
| Year | John Deere 331G | Takeuchi TL12V2 |
|---|---|---|
| 2023 | $71,173 (6) | — |
| 2021 | $55,128 (6) | $40,750 (8) |
| 2020 | $55,331 (6) | — |
| 2019 | $69,698 (6) | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2017 | $53,008 (10) | — |
| 2016 | $58,502 (2) | $54,962 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 331G and TL12V2 prices compare by hours?
| Hours | John Deere 331G | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | $55,662 (8) | $78,440 (4) |
| 1,000-1,999 hrs | $64,316 (18) | $43,156 (6) |
| 2,000-2,999 hrs | $63,395 (8) | $57,260 (8) |
| 3,000-3,999 hrs | $41,496 (4) | $31,189 (4) |
| 4,000+ hrs | $48,576 (2) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 331G or TL12V2 in Canada?
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