Bobcat 863H vs Caterpillar 247B: Which Is the Better Value?
The Bobcat 863H averages $15,324 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $6,010 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat 863H is the better value buy for most Canadian buyers, averaging $6,010 less than the 247B.
Bobcat 863H
SSL$15,324 CAD avg
$8,045
Low
$29,600
High
6
Sales
Avg 2,408 hours · 1997–1997 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 863H and 247B?
- Price: The 863H is $6,010 cheaper on average (28% savings).
- Track Type: 863H 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 863Hs average 2,408 hours while 247Bs average 3,652 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a 863H or 247B? Check current listings with Deal Scores.
Which is the better value: 863H or 247B?
Choose the Bobcat 863H if:
- You want lower upfront cost ($6,010 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 863H and 247B prices compare by year?
| Year | Bobcat 863H | Caterpillar 247B |
|---|---|---|
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
| 1997 | $15,324 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 863H and 247B prices compare by hours?
| Hours | Bobcat 863H | Caterpillar 247B |
|---|---|---|
| 0-999 hrs | $8,383 (2) | — |
| 1,000-1,999 hrs | $29,457 (2) | — |
| 2,000-2,999 hrs | — | $24,225 (4) |
| 3,000-3,999 hrs | — | $28,444 (2) |
| 4,000+ hrs | $8,133 (2) | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
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