Bobcat S185 vs Caterpillar 232B2: Which Is the Better Value?
The Bobcat S185 averages $19,005 CAD at auction, compared to $11,328 for the Caterpillar 232B2. That's a $7,676 difference. Based on 154 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 232B2 is the better value buy for most Canadian buyers, averaging $7,676 less than the S185.
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 232B2
SSL$11,328 CAD avg
$11,233
Low
$11,424
High
2
Sales
Avg 1,940 hours · 2008–2008 model years
Full price guide →How do S185 and 232B2 specs compare?
| Spec | Bobcat S185 | Caterpillar 232B2 |
|---|---|---|
| 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 232B2?
- Price: The 232B2 is $7,676 cheaper on average (40% savings).
- Usage: Used S185s average 3,957 hours while 232B2s average 1,940 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S185 or 232B2? Check current listings with Deal Scores.
Which is the better value: S185 or 232B2?
Choose the Bobcat S185 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 232B2 if:
- You want lower upfront cost ($7,676 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S185 and 232B2 prices compare by year?
| Year | Bobcat S185 | Caterpillar 232B2 |
|---|---|---|
| 2012 | $26,392 (12) | — |
| 2011 | $20,699 (14) | — |
| 2010 | $23,923 (12) | — |
| 2009 | $20,599 (4) | — |
| 2008 | $18,853 (24) | $11,328 (2) |
| 2007 | $21,072 (8) | — |
| 2006 | $17,331 (10) | — |
| 2005 | $16,100 (34) | — |
| 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 232B2 prices compare by hours?
| Hours | Bobcat S185 | Caterpillar 232B2 |
|---|---|---|
| 0-999 hrs | $28,162 (10) | — |
| 1,000-1,999 hrs | $23,311 (18) | $11,328 (2) |
| 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 232B2 in Canada?
Bobcat S185
None Bobcat S185
2,700 hrs · Abbotsford
$32,000 CAD
2004 Bobcat S185
2,764 hrs · Surrey
$20,900 CAD
2005 Bobcat S185
2,574 hrs · Ste-Agathe
$23,800 CAD
2009 Bobcat S185
540 hrs · Yorkton
$54,400 CAD
Caterpillar 232B2
No active listings right now.
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