Bobcat S550 vs Caterpillar 118C: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $3,233 for the Caterpillar 118C. That's a $20,217 difference. Based on 58 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $20,217 less than the S550.
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 →How do S550 and 118C specs compare?
| Spec | Bobcat S550 | Caterpillar 118C |
|---|---|---|
| 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 118C?
- Price: The 118C is $20,217 cheaper on average (86% savings).
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or 118C? Check current listings with Deal Scores.
Which is the better value: S550 or 118C?
Choose the Bobcat S550 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 118C if:
- You want lower upfront cost ($20,217 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S550 and 118C prices compare by year?
| Year | Bobcat S550 | Caterpillar 118C |
|---|---|---|
| 2022 | — | $4,891 (2) |
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | $4,200 (2) |
| 2018 | $36,125 (4) | $3,127 (2) |
| 2017 | $26,909 (4) | $2,189 (2) |
| 2016 | $19,974 (5) | — |
| 2015 | $28,738 (4) | — |
| 2014 | — | $2,032 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and 118C prices compare by hours?
| Hours | Bobcat S550 | Caterpillar 118C |
|---|---|---|
| 0-999 hrs | $47,225 (2) | — |
| 1,000-1,999 hrs | $20,665 (11) | — |
| 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 118C in Canada?
Bobcat S550
2015 Bobcat S550
N/A hrs · Pembroke
$30,000 CAD
2018 Bobcat S550
547 hrs · Kingston
$28,800 CAD
2019 Bobcat S550
1,333 hrs · North York
$28,800 CAD
2018 Bobcat S550
2,300 hrs · Surrey
$32,000 CAD
Caterpillar 118C
No active listings right now.
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