Bobcat 742B vs Caterpillar 247B: Which Is the Better Value?
The Bobcat 742B averages $8,579 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $12,756 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat 742B is the better value buy for most Canadian buyers, averaging $12,756 less than the 247B.
Bobcat 742B
SSL$8,579 CAD avg
$2,732
Low
$12,757
High
12
Sales
Avg 2,350 hours · 1993–1995 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 742B and 247B?
- Price: The 742B is $12,756 cheaper on average (60% savings).
- Track Type: 742B 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 742Bs average 2,350 hours while 247Bs average 3,652 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 742B or 247B? Check current listings with Deal Scores.
Which is the better value: 742B or 247B?
Choose the Bobcat 742B if:
- You want lower upfront cost ($12,756 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 742B and 247B prices compare by year?
| Year | Bobcat 742B | Caterpillar 247B |
|---|---|---|
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
| 1995 | $11,164 (2) | — |
| 1994 | $7,353 (2) | — |
| 1993 | $8,239 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 742B and 247B prices compare by hours?
| Hours | Bobcat 742B | Caterpillar 247B |
|---|---|---|
| 1,000-1,999 hrs | $10,280 (6) | — |
| 2,000-2,999 hrs | $5,082 (4) | $24,225 (4) |
| 3,000-3,999 hrs | — | $28,444 (2) |
| 4,000+ hrs | $10,469 (2) | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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