Bobcat S450 vs Caterpillar 268B: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $20,417 for the Caterpillar 268B. That's a $6,953 difference. Based on 33 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 268B is the better value buy for most Canadian buyers, averaging $6,953 less than the S450.
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 268B
CTL$20,417 CAD avg
$11,385
Low
$32,807
High
18
Sales
Avg 5,399 hours · 2005–2007 model years
Full price guide →How do S450 and 268B specs compare?
| Spec | Bobcat S450 | Caterpillar 268B |
|---|---|---|
| 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 268B?
- Price: The 268B is $6,953 cheaper on average (25% savings).
- Track Type: S450 is a wheeled skid steer (SSL) while 268B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S450s average 1,463 hours while 268Bs average 5,399 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or 268B? Check current listings with Deal Scores.
Which is the better value: S450 or 268B?
Choose the Bobcat S450 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 268B if:
- You want lower upfront cost ($6,953 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do S450 and 268B prices compare by year?
| Year | Bobcat S450 | Caterpillar 268B |
|---|---|---|
| 2020 | $41,814 (4) | — |
| 2019 | $20,700 (1) | — |
| 2016 | $21,800 (4) | — |
| 2015 | $16,399 (2) | — |
| 2014 | $25,651 (4) | — |
| 2007 | — | $23,982 (4) |
| 2006 | — | $20,728 (8) |
| 2005 | — | $17,627 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and 268B prices compare by hours?
| Hours | Bobcat S450 | Caterpillar 268B |
|---|---|---|
| 0-999 hrs | $45,602 (2) | $11,528 (2) |
| 1,000-1,999 hrs | $24,566 (13) | — |
| 2,000-2,999 hrs | — | $32,342 (2) |
| 3,000-3,999 hrs | — | $22,161 (2) |
| 4,000+ hrs | — | $18,913 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or 268B in Canada?
Bobcat S450
2017 Bobcat S450
3,160 hrs · Arborg
$29,900 CAD
2014 Bobcat S450
1,265 hrs · Penticton
$39,000 CAD
2014 Bobcat S450
1,265 hrs · Pentiction
$35,000 CAD
Caterpillar 268B
No active listings right now.
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