Bobcat S550 vs Bobcat T62: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $40,993 for the Bobcat T62. That's a $17,542 difference. Based on 31 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat S550 is the better value buy for most Canadian buyers, averaging $17,542 less than the T62.
Bobcat S550
SSL$23,450 CAD avg
$1,931
Low
$47,816
High
24
Sales
Avg 2,354 hours · 2015–2020 model years
Full price guide →Bobcat T62
SSL$40,993 CAD avg
$31,118
Low
$45,509
High
7
Sales
Avg 1,681 hours · 2021–2022 model years
Full price guide →How do S550 and T62 specs compare?
| Spec | Bobcat S550 | Bobcat T62 |
|---|---|---|
| Horsepower | 46 hp | — |
| Rated Operating Capacity | 1,550 lbs | — |
| Operating Weight | 5,670 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between S550 and T62?
- Price: The S550 is $17,542 cheaper on average (43% savings).
- Usage: Used S550s average 2,354 hours while T62s average 1,681 hours.
Both Bobcat and Bobcat retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or T62? Check current listings with Deal Scores.
Which is the better value: S550 or T62?
Choose the Bobcat S550 if:
- You want lower upfront cost ($17,542 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
How do S550 and T62 prices compare by year?
| Year | Bobcat S550 | Bobcat T62 |
|---|---|---|
| 2022 | — | $31,118 (1) |
| 2021 | — | $42,639 (6) |
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | — |
| 2018 | $36,125 (4) | — |
| 2017 | $26,909 (4) | — |
| 2016 | $19,974 (5) | — |
| 2015 | $28,738 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and T62 prices compare by hours?
| Hours | Bobcat S550 | Bobcat T62 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | — |
| 1,000-1,999 hrs | $20,665 (11) | $40,993 (7) |
| 2,000-2,999 hrs | $24,334 (6) | — |
| 3,000-3,999 hrs | $18,083 (3) | — |
| 4,000+ hrs | $20,394 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or T62 in Canada?
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