John Deere 332E vs Takeuchi TL12V2: Which Is the Better Value?
The John Deere 332E averages $21,699 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $27,773 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 332E is the better value buy for most Canadian buyers, averaging $27,773 less than the TL12V2.
John Deere 332E
SSL$21,699 CAD avg
$13,813
Low
$36,680
High
10
Sales
Avg 4,298 hours · 2013–2016 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 332E and TL12V2 specs compare?
| Spec | John Deere 332E | 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 332E and TL12V2?
- Price: The 332E is $27,773 cheaper on average (56% savings).
- Track Type: 332E 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 332Es average 4,298 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 332E or TL12V2? Check current listings with Deal Scores.
Which is the better value: 332E or TL12V2?
Choose the John Deere 332E if:
- You want lower upfront cost ($27,773 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 work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 332E and TL12V2 prices compare by year?
| Year | John Deere 332E | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | $14,698 (2) | $54,962 (8) |
| 2015 | $22,613 (2) | — |
| 2014 | $28,349 (4) | — |
| 2013 | $14,488 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 332E and TL12V2 prices compare by hours?
| Hours | John Deere 332E | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | — | $78,440 (4) |
| 1,000-1,999 hrs | $28,349 (4) | $43,156 (6) |
| 2,000-2,999 hrs | — | $57,260 (8) |
| 3,000-3,999 hrs | — | $31,189 (4) |
| 4,000+ hrs | $18,655 (4) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 332E or TL12V2 in Canada?
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