Bobcat S450 vs Caterpillar 262D3: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $7,562 difference. Based on 31 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S450 is the better value buy for most Canadian buyers, averaging $7,562 less than the 262D3.
Bobcat S450
SSL$27,371 CAD avg
$15,938
Low
$46,423
High
15
Sales
Avg 1,463 hours · 2014–2020 model years
Full price guide →Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →How do S450 and 262D3 specs compare?
| Spec | Bobcat S450 | Caterpillar 262D3 |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,300 lbs | — |
| Operating Weight | 5,215 lbs | — |
| Lift Type | radial | — |
| Frame Size | small | — |
What are the key differences between S450 and 262D3?
- Price: The S450 is $7,562 cheaper on average (22% savings).
- Usage: Used S450s average 1,463 hours while 262D3s average 3,424 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or 262D3? Check current listings with Deal Scores.
Which is the better value: S450 or 262D3?
Choose the Bobcat S450 if:
- You want lower upfront cost ($7,562 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do S450 and 262D3 prices compare by year?
| Year | Bobcat S450 | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | $41,814 (4) | $33,538 (6) |
| 2019 | $20,700 (1) | — |
| 2016 | $21,800 (4) | — |
| 2015 | $16,399 (2) | — |
| 2014 | $25,651 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and 262D3 prices compare by hours?
| Hours | Bobcat S450 | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $45,602 (2) | $22,080 (1) |
| 1,000-1,999 hrs | $24,566 (13) | — |
| 2,000-2,999 hrs | — | $42,560 (6) |
| 3,000-3,999 hrs | — | $30,387 (2) |
| 4,000+ hrs | — | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or 262D3 in Canada?
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