Bobcat 642B vs Caterpillar 247B: Which Is the Better Value?
The Bobcat 642B averages $9,080 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $12,254 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat 642B is the better value buy for most Canadian buyers, averaging $12,254 less than the 247B.
Bobcat 642B
SSL$9,080 CAD avg
$6,108
Low
$11,341
High
12
Sales
Avg 2,700 hours · 1990–1990 model years
Full price guide →Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →What are the key differences between 642B and 247B?
- Price: The 642B is $12,254 cheaper on average (57% savings).
- Track Type: 642B is a wheeled skid steer (SSL) while 247B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 642Bs average 2,700 hours while 247Bs average 3,652 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 642B or 247B? Check current listings with Deal Scores.
Which is the better value: 642B or 247B?
Choose the Bobcat 642B if:
- You want lower upfront cost ($12,254 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 247B if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do 642B and 247B prices compare by year?
| Year | Bobcat 642B | Caterpillar 247B |
|---|---|---|
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
| 1990 | $10,606 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 642B and 247B prices compare by hours?
| Hours | Bobcat 642B | Caterpillar 247B |
|---|---|---|
| 1,000-1,999 hrs | $10,529 (4) | — |
| 2,000-2,999 hrs | $8,816 (2) | $24,225 (4) |
| 3,000-3,999 hrs | $8,202 (6) | $28,444 (2) |
| 4,000+ hrs | — | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat 642B
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 247B
We'll send you current pricing and available units. No spam.