Bobcat S185 vs Caterpillar 232B: Which Is the Better Value?

| Based on 156 verified Canadian auction sales

The Bobcat S185 averages $19,005 CAD at auction, compared to $18,440 for the Caterpillar 232B. Based on 156 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $564 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

Bobcat S185

SSL

$19,005 CAD avg

$7,741

Low

$46,721

High

152

Sales

Avg 3,957 hours · 2002–2012 model years

Full price guide →

Caterpillar 232B

SSL

$18,440 CAD avg

$14,269

Low

$22,348

High

4

Sales

Avg 801 hours · 2005–2005 model years

Full price guide →

How do S185 and 232B specs compare?

Bobcat S185 vs Caterpillar 232B specifications comparison
Spec Bobcat S185 Caterpillar 232B
Horsepower 61 hp
Rated Operating Capacity 1,850 lbs
Operating Weight 6,220 lbs
Lift Type vertical
Frame Size mid
High Flow 1 gpm

What are the key differences between S185 and 232B?

  • Usage: Used S185s average 3,957 hours while 232Bs average 801 hours.

Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a S185 or 232B? Check current listings with Deal Scores.

Which is the better value: S185 or 232B?

Choose the Bobcat S185 if:

  • You prefer Bobcat's dealer network and parts availability

How do S185 and 232B prices compare by year?

Bobcat S185 vs Caterpillar 232B prices by model year (CAD)
Year Bobcat S185 Caterpillar 232B
2012 $26,392 (12)
2011 $20,699 (14)
2010 $23,923 (12)
2009 $20,599 (4)
2008 $18,853 (24)
2007 $21,072 (8)
2006 $17,331 (10)
2005 $16,100 (34) $18,440 (4)
2004 $18,492 (12)
2003 $15,253 (8)
2002 $16,876 (12)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do S185 and 232B prices compare by hours?

Bobcat S185 vs Caterpillar 232B prices by hours (CAD)
Hours Bobcat S185 Caterpillar 232B
0-999 hrs $28,162 (10) $22,179 (2)
1,000-1,999 hrs $23,311 (18)
2,000-2,999 hrs $21,210 (26)
3,000-3,999 hrs $18,972 (28)
4,000+ hrs $15,565 (64)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a S185 or 232B in Canada?

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