Bobcat S510 vs Caterpillar 242B: Which Is the Better Value?
The Bobcat S510 averages $23,370 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $4,605 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,605 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat S510
SSL$23,370 CAD avg
$17,457
Low
$30,231
High
12
Sales
Avg 1,969 hours · 2014–2016 model years
Full price guide →Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →How do S510 and 242B specs compare?
| Spec | Bobcat S510 | Caterpillar 242B |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,350 lbs | — |
| Operating Weight | 5,360 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between S510 and 242B?
- Price: The 242B is $4,605 cheaper on average (20% savings).
- Usage: Used S510s average 1,969 hours while 242Bs average 3,523 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S510 or 242B? Check current listings with Deal Scores.
Which is the better value: S510 or 242B?
Choose the Bobcat S510 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B if:
- You want lower upfront cost ($4,605 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S510 and 242B prices compare by year?
| Year | Bobcat S510 | Caterpillar 242B |
|---|---|---|
| 2016 | $24,849 (2) | — |
| 2015 | $23,726 (4) | — |
| 2014 | $22,639 (6) | — |
| 2013 | — | $17,396 (2) |
| 2012 | — | $19,401 (2) |
| 2008 | — | $29,111 (2) |
| 2006 | — | $27,942 (2) |
| 2005 | — | $16,962 (10) |
| 2004 | — | $13,874 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S510 and 242B prices compare by hours?
| Hours | Bobcat S510 | Caterpillar 242B |
|---|---|---|
| 1,000-1,999 hrs | $23,374 (8) | $19,840 (4) |
| 2,000-2,999 hrs | — | $24,793 (4) |
| 3,000-3,999 hrs | $23,361 (4) | — |
| 4,000+ hrs | — | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S510 or 242B in Canada?
Bobcat S510
2015 Bobcat S510
4,456 hrs · Penticton
$46,000 CAD
2015 Bobcat S510
1,225 hrs · Pentiction
$46,000 CAD
2023 Bobcat S510
510 hrs · Brampton
$51,950 CAD
Caterpillar 242B
No active listings right now.
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