Bobcat S550 vs Bobcat T740: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $32,419 for the Bobcat T740. That's a $8,968 difference. Power-wise, the S550 offers 46 HP versus the T740's 74 HP. The S550 has 1,550 lb rated operating capacity vs 2,400 lb for the T740. Based on 55 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 $8,968 less than the T740. The T740 is worth the premium if you specifically need the extra 28 HP or the higher 2,400 lb lifting capacity .
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 T740
CTL$32,419 CAD avg
$17,940
Low
$51,616
High
31
Sales
Avg 2,678 hours · 2016–2021 model years
Full price guide →How do S550 and T740 specs compare?
| Spec | Bobcat S550 | Bobcat T740 |
|---|---|---|
| Horsepower | 46 hp | 74 hp |
| Rated Operating Capacity | 1,550 lbs | 2,400 lbs |
| Operating Weight | 5,670 lbs | 9,375 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S550 and T740?
- Price: The S550 is $8,968 cheaper on average (28% savings).
- Power: The T740 has 28 more horsepower (74 HP vs 46 HP).
- Lifting Capacity: The T740 lifts 850 lbs more (2,400 lb ROC).
- Track Type: S550 is a wheeled skid steer (SSL) while T740 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S550s average 2,354 hours while T740s average 2,678 hours.
Both Bobcat and Bobcat retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or T740? Check current listings with Deal Scores.
Which is the better value: S550 or T740?
Choose the Bobcat S550 if:
- You want lower upfront cost ($8,968 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Bobcat T740 if:
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
How do S550 and T740 prices compare by year?
| Year | Bobcat S550 | Bobcat T740 |
|---|---|---|
| 2021 | — | $20,700 (1) |
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | $30,554 (18) |
| 2018 | $36,125 (4) | $38,071 (4) |
| 2017 | $26,909 (4) | $36,331 (6) |
| 2016 | $19,974 (5) | $32,017 (2) |
| 2015 | $28,738 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and T740 prices compare by hours?
| Hours | Bobcat S550 | Bobcat T740 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $28,833 (2) |
| 1,000-1,999 hrs | $20,665 (11) | $33,036 (7) |
| 2,000-2,999 hrs | $24,334 (6) | $30,518 (11) |
| 3,000-3,999 hrs | $18,083 (3) | $34,884 (5) |
| 4,000+ hrs | $20,394 (2) | $37,048 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or T740 in Canada?
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