Bobcat S450 vs Mustang TL25: Which Is the Better Value?
The Bobcat S450 averages $27,371 CAD at auction, compared to $27,822 for the Mustang TL25. Based on 21 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $451 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →How do S450 and TL25 specs compare?
| Spec | Bobcat S450 | Mustang TL25 |
|---|---|---|
| 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 TL25?
- Track Type: S450 is a wheeled skid steer (SSL) while TL25 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 TL25s average 2,704 hours.
Both Bobcat and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a S450 or TL25? Check current listings with Deal Scores.
Which is the better value: S450 or TL25?
Choose the Bobcat S450 if:
- You want lower upfront cost ($451 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Mustang TL25 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do S450 and TL25 prices compare by year?
| Year | Bobcat S450 | Mustang TL25 |
|---|---|---|
| 2020 | $41,814 (4) | — |
| 2019 | $20,700 (1) | — |
| 2016 | $21,800 (4) | — |
| 2015 | $16,399 (2) | — |
| 2014 | $25,651 (4) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S450 and TL25 prices compare by hours?
| Hours | Bobcat S450 | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $45,602 (2) | $21,921 (2) |
| 1,000-1,999 hrs | $24,566 (13) | — |
| 2,000-2,999 hrs | — | $24,569 (2) |
| 4,000+ hrs | — | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S450 or TL25 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
Mustang TL25
No active listings right now.
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