Bobcat S550 vs Caterpillar 246D: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $26,085 for the Caterpillar 246D. That's a $2,634 difference. Based on 54 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,634 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 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →How do S550 and 246D specs compare?
| Spec | Bobcat S550 | Caterpillar 246D |
|---|---|---|
| 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 246D?
- Price: The S550 is $2,634 cheaper on average (10% savings).
- Usage: Used S550s average 2,354 hours while 246Ds average 5,024 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or 246D? Check current listings with Deal Scores.
Which is the better value: S550 or 246D?
Choose the Bobcat S550 if:
- You want lower upfront cost ($2,634 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246D if:
- You prefer Caterpillar's dealer network and parts availability
How do S550 and 246D prices compare by year?
| Year | Bobcat S550 | Caterpillar 246D |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | $26,817 (4) |
| 2018 | $36,125 (4) | $25,143 (6) |
| 2017 | $26,909 (4) | $29,262 (2) |
| 2016 | $19,974 (5) | $18,027 (4) |
| 2015 | $28,738 (4) | $24,088 (6) |
| 2014 | — | $25,777 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S550 and 246D prices compare by hours?
| Hours | Bobcat S550 | Caterpillar 246D |
|---|---|---|
| 0-999 hrs | $47,225 (2) | — |
| 1,000-1,999 hrs | $20,665 (11) | $28,287 (3) |
| 2,000-2,999 hrs | $24,334 (6) | $29,667 (3) |
| 3,000-3,999 hrs | $18,083 (3) | $28,910 (6) |
| 4,000+ hrs | $20,394 (2) | $24,179 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or 246D in Canada?
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