Bobcat S550 vs Caterpillar 246B: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $20,827 for the Caterpillar 246B. That's a $2,622 difference. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,622 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 →Caterpillar 246B
SSL$20,827 CAD avg
$14,724
Low
$29,891
High
16
Sales
Avg 3,676 hours · 2004–2007 model years
Full price guide →How do S550 and 246B specs compare?
| Spec | Bobcat S550 | Caterpillar 246B |
|---|---|---|
| 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 246B?
- Price: The 246B is $2,622 cheaper on average (11% savings).
- Usage: Used S550s average 2,354 hours while 246Bs average 3,676 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or 246B? Check current listings with Deal Scores.
Which is the better value: S550 or 246B?
Choose the Bobcat S550 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246B if:
- You want lower upfront cost ($2,622 savings)
- You prefer Caterpillar's dealer network and parts availability
How do S550 and 246B prices compare by year?
| Year | Bobcat S550 | Caterpillar 246B |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | — |
| 2018 | $36,125 (4) | — |
| 2017 | $26,909 (4) | — |
| 2016 | $19,974 (5) | — |
| 2015 | $28,738 (4) | — |
| 2007 | — | $20,147 (2) |
| 2005 | — | $19,591 (10) |
| 2004 | — | $24,258 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and 246B prices compare by hours?
| Hours | Bobcat S550 | Caterpillar 246B |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $28,987 (2) |
| 1,000-1,999 hrs | $20,665 (11) | $26,128 (2) |
| 2,000-2,999 hrs | $24,334 (6) | — |
| 3,000-3,999 hrs | $18,083 (3) | $17,992 (2) |
| 4,000+ hrs | $20,394 (2) | $18,332 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or 246B 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 246B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat S550
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 246B
We'll send you current pricing and available units. No spam.