Monthly Price Trends: The Decline Has Stalled
CTL prices bottomed at $26,468 in September 2024 and have since stabilized in the $27,000 to $33,000 range.
Most-Traded Models in Canada
The Bobcat S650 leads with 458 verified sales, followed by T770 (309) and S570 (278).
| Rank | Model | Type | Sales | Avg. Price | Avg. Hours |
|---|---|---|---|---|---|
| 1 | Bobcat S650 | SSL | 458 | $23,339 | 3,223 |
| 2 | Bobcat T770 | CTL | 309 | $36,866 | 2,384 |
| 3 | Bobcat S570 | SSL | 278 | $21,748 | 2,408 |
| 4 | Bobcat T650 | CTL | 242 | $25,308 | 3,093 |
| 5 | Deere 333G | SSL | 200 | $49,236 | 1,440 |
| 6 | Bobcat T870 | CTL | 177 | $40,234 | 2,528 |
| 7 | Bobcat T590 | CTL | 167 | $21,830 | 2,679 |
| 8 | Cat 262D | SSL | 166 | $23,027 | 4,515 |
| 9 | Cat 259D | SSL | 161 | $23,605 | 2,977 |
| 10 | Bobcat S770 | SSL | 137 | $28,673 | 2,887 |
Provincial Price Breakdown
Alberta CTLs average $42,031 (n=516), a full $11,111 more than Ontario at $30,920.
Depreciation Curves by Machine Hours
The steepest value loss hits in the first 1,000 hours: 23-32% gone. The sweet spot is 2,000-3,000 hours.
The Sold vs. Asking Price Gap
On a 2022 Cat 259D3, the average asking price is double the transaction price. Dealers routinely ask 40-100% above actual sale prices.
The Tariff Factor
Nearly every SSL and CTL sold in Canada is manufactured in the United States. At current exchange rates (1 USD = 1.37 CAD), a used Alberta CTL costs less than half of a new import with tariffs.
Stop guessing. Start with data.
Every data point in this report comes from TrackCheck's database of 28,803 equipment records.
Check prices at TrackCheck.ca