New Holland L783 vs Takeuchi TL12V2: Which Is the Better Value?
The New Holland L783 averages $9,315 CAD at auction, compared to $49,473 for the Takeuchi TL12V2. That's a $40,157 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The New Holland L783 is the better value buy for most Canadian buyers, averaging $40,157 less than the TL12V2.
New Holland L783
SSL$9,315 CAD avg
$3,567
Low
$13,167
High
8
Sales
Avg 4,107 hours · 1990–1994 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 L783 and TL12V2 specs compare?
| Spec | New Holland L783 | 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 L783 and TL12V2?
- Price: The L783 is $40,157 cheaper on average (81% savings).
- Track Type: L783 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 L783s average 4,107 hours while TL12V2s average 2,220 hours.
Both New Holland and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a L783 or TL12V2? Check current listings with Deal Scores.
Which is the better value: L783 or TL12V2?
Choose the New Holland L783 if:
- You want lower upfront cost ($40,157 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer New Holland'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 L783 and TL12V2 prices compare by year?
| Year | New Holland L783 | Takeuchi TL12V2 |
|---|---|---|
| 2021 | — | $40,750 (8) |
| 2019 | — | $59,964 (4) |
| 2018 | — | $55,312 (2) |
| 2016 | — | $54,962 (8) |
| 1994 | $9,124 (2) | — |
| 1993 | $3,783 (2) | — |
| 1990 | $12,959 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do L783 and TL12V2 prices compare by hours?
| Hours | New Holland L783 | Takeuchi TL12V2 |
|---|---|---|
| 0-999 hrs | — | $78,440 (4) |
| 1,000-1,999 hrs | — | $43,156 (6) |
| 2,000-2,999 hrs | $9,124 (2) | $57,260 (8) |
| 3,000-3,999 hrs | $12,959 (2) | $31,189 (4) |
| 4,000+ hrs | $7,589 (4) | $19,075 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a L783 or TL12V2 in Canada?
New Holland L783
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