John Deere 332G vs Takeuchi TL12V2: Which Is the Better Value?

| Based on 42 verified Canadian auction sales

The John Deere 332G averages $32,320 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $17,152 difference. Power-wise, the 332G offers 100 HP versus the TL12V2's 117 HP. The 332G has 3,550 lb rated operating capacity vs 3,600 lb for the TL12V2. Based on 42 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The John Deere 332G is the better value buy for most Canadian buyers, averaging $17,152 less than the TL12V2. The TL12V2 is worth the premium if you specifically need the extra 17 HP or the higher 3,600 lb lifting capacity .

John Deere 332G

SSL

$32,320 CAD avg

$14,572

Low

$43,182

High

16

Sales

Avg 4,491 hours · 2016–2021 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 332G and TL12V2 specs compare?

John Deere 332G vs Takeuchi TL12V2 specifications comparison
Spec John Deere 332G Takeuchi TL12V2
Horsepower 100 hp 117 hp
Rated Operating Capacity 3,550 lbs 3,600 lbs
Operating Weight 9,880 lbs 13,051 lbs
Lift Type vertical vertical
Frame Size large large
High Flow 1 gpm 1 gpm

What are the key differences between 332G and TL12V2?

  • Price: The 332G is $17,152 cheaper on average (35% savings).
  • Power: The TL12V2 has 17 more horsepower (117 HP vs 100 HP).
  • Track Type: 332G 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 332Gs average 4,491 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 332G or TL12V2? Check current listings with Deal Scores.

Which is the better value: 332G or TL12V2?

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 332G and TL12V2 prices compare by year?

John Deere 332G vs Takeuchi TL12V2 prices by model year (CAD)
Year John Deere 332G Takeuchi TL12V2
2021 $40,945 (2) $40,750 (8)
2020 $39,573 (2)
2019 $22,685 (2) $59,964 (4)
2018 $31,918 (2) $55,312 (2)
2016 $15,613 (2) $54,962 (8)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do 332G and TL12V2 prices compare by hours?

John Deere 332G vs Takeuchi TL12V2 prices by hours (CAD)
Hours John Deere 332G Takeuchi TL12V2
0-999 hrs $78,440 (4)
1,000-1,999 hrs $39,573 (2) $43,156 (6)
2,000-2,999 hrs $40,945 (2) $57,260 (8)
3,000-3,999 hrs $31,918 (2) $31,189 (4)
4,000+ hrs $29,225 (10) $19,075 (2)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a 332G or TL12V2 in Canada?

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