Bobcat S510 vs New Holland C245: Which Is the Better Value?
The Bobcat S510 averages $23,370 CAD at auction, compared to $73,780 for the New Holland C245. That's a $50,410 difference. Power-wise, the S510 offers 46 HP versus the C245's 90 HP. The S510 has 1,350 lb rated operating capacity vs 4,500 lb for the C245. Based on 18 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S510 is the better value buy for most Canadian buyers, averaging $50,410 less than the C245. The C245 is worth the premium if you specifically need the extra 44 HP or the higher 4,500 lb lifting capacity .
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 →New Holland C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do S510 and C245 specs compare?
| Spec | Bobcat S510 | New Holland C245 |
|---|---|---|
| Horsepower | 46 hp | 90 hp |
| Rated Operating Capacity | 1,350 lbs | 4,500 lbs |
| Operating Weight | 5,360 lbs | 12,920 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | large |
| High Flow | — | 1 gpm |
What are the key differences between S510 and C245?
- Price: The S510 is $50,410 cheaper on average (68% savings).
- Power: The C245 has 44 more horsepower (90 HP vs 46 HP).
- Lifting Capacity: The C245 lifts 3150 lbs more (4,500 lb ROC).
- Track Type: S510 is a wheeled skid steer (SSL) while C245 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S510s average 1,969 hours while C245s average 1,061 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S510 or C245? Check current listings with Deal Scores.
Which is the better value: S510 or C245?
Choose the Bobcat S510 if:
- You want lower upfront cost ($50,410 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C245 if:
- You need more power (90 HP)
- You need higher lifting capacity (4,500 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do S510 and C245 prices compare by year?
| Year | Bobcat S510 | New Holland C245 |
|---|---|---|
| 2019 | — | $93,043 (2) |
| 2018 | — | $64,742 (2) |
| 2016 | $24,849 (2) | — |
| 2015 | $23,726 (4) | — |
| 2014 | $22,639 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S510 and C245 prices compare by hours?
| Hours | Bobcat S510 | New Holland C245 |
|---|---|---|
| 0-999 hrs | — | $93,043 (2) |
| 1,000-1,999 hrs | $23,374 (8) | $64,149 (4) |
| 3,000-3,999 hrs | $23,361 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S510 or C245 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
New Holland C245
No active listings right now.
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