Bobcat S550 vs Caterpillar 289D3: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $71,262 for the Caterpillar 289D3. That's a $47,812 difference. Based on 72 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 $47,812 less than the 289D3.
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 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 model years
Full price guide →How do S550 and 289D3 specs compare?
| Spec | Bobcat S550 | Caterpillar 289D3 |
|---|---|---|
| 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 289D3?
- Price: The S550 is $47,812 cheaper on average (67% savings).
- Track Type: S550 is a wheeled skid steer (SSL) while 289D3 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 289D3s average 1,828 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or 289D3? Check current listings with Deal Scores.
Which is the better value: S550 or 289D3?
Choose the Bobcat S550 if:
- You want lower upfront cost ($47,812 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 289D3 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do S550 and 289D3 prices compare by year?
| Year | Bobcat S550 | Caterpillar 289D3 |
|---|---|---|
| 2023 | — | $97,053 (22) |
| 2022 | — | $70,206 (6) |
| 2021 | — | $35,654 (6) |
| 2020 | $10,994 (3) | $43,561 (8) |
| 2019 | $15,717 (4) | $50,295 (6) |
| 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 289D3 prices compare by hours?
| Hours | Bobcat S550 | Caterpillar 289D3 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $97,397 (24) |
| 1,000-1,999 hrs | $20,665 (11) | $63,219 (4) |
| 2,000-2,999 hrs | $24,334 (6) | $44,780 (7) |
| 3,000-3,999 hrs | $18,083 (3) | $41,957 (10) |
| 4,000+ hrs | $20,394 (2) | $32,384 (3) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or 289D3 in Canada?
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