Bobcat S185 vs Caterpillar 232D: Which Is the Better Value?
The Bobcat S185 averages $19,005 CAD at auction, compared to $10,155 for the Caterpillar 232D. That's a $8,849 difference. Based on 155 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 232D is the better value buy for most Canadian buyers, averaging $8,849 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 232D
SSL$10,155 CAD avg
$9,259
Low
$11,040
High
3
Sales
Avg 3,300 hours · 2015–2016 model years
Full price guide →How do S185 and 232D specs compare?
| Spec | Bobcat S185 | Caterpillar 232D |
|---|---|---|
| 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 232D?
- Price: The 232D is $8,849 cheaper on average (47% savings).
- Usage: Used S185s average 3,957 hours while 232Ds average 3,300 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S185 or 232D? Check current listings with Deal Scores.
Which is the better value: S185 or 232D?
Choose the Bobcat S185 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 232D if:
- You want lower upfront cost ($8,849 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S185 and 232D prices compare by year?
| Year | Bobcat S185 | Caterpillar 232D |
|---|---|---|
| 2016 | — | $9,713 (2) |
| 2015 | — | $11,040 (1) |
| 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) | — |
| 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 232D prices compare by hours?
| Hours | Bobcat S185 | Caterpillar 232D |
|---|---|---|
| 0-999 hrs | $28,162 (10) | — |
| 1,000-1,999 hrs | $23,311 (18) | — |
| 2,000-2,999 hrs | $21,210 (26) | — |
| 3,000-3,999 hrs | $18,972 (28) | $11,040 (1) |
| 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 232D in Canada?
Bobcat S185
None Bobcat S185
2,700 hrs · Abbotsford
$32,000 CAD
2008 Bobcat S185
N/A hrs · Whitehorse
$40,000 CAD
2004 Bobcat S185
2,764 hrs · Surrey
$20,900 CAD
2005 Bobcat S185
2,574 hrs · Ste-Agathe
$23,800 CAD
Caterpillar 232D
No active listings right now.
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