Bobcat S550 vs Gehl 562: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $9,276 for the Gehl 562. That's a $14,173 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Gehl 562 is the better value buy for most Canadian buyers, averaging $14,173 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 →Gehl 562
SSL$9,276 CAD avg
$4,705
Low
$15,306
High
8
Sales
Avg 2,774 hours · None–None model years
Full price guide →How do S550 and 562 specs compare?
| Spec | Bobcat S550 | Gehl 562 |
|---|---|---|
| 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 562?
- Price: The 562 is $14,173 cheaper on average (60% savings).
- Usage: Used S550s average 2,354 hours while 562s average 2,774 hours.
Both Bobcat and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or 562? Check current listings with Deal Scores.
Which is the better value: S550 or 562?
Choose the Bobcat S550 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Gehl 562 if:
- You want lower upfront cost ($14,173 savings)
- You prefer Gehl's dealer network and parts availability
How do S550 and 562 prices compare by year?
| Year | Bobcat S550 | Gehl 562 |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | — |
| 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 562 prices compare by hours?
| Hours | Bobcat S550 | Gehl 562 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | — |
| 1,000-1,999 hrs | $20,665 (11) | $7,405 (2) |
| 2,000-2,999 hrs | $24,334 (6) | $4,890 (2) |
| 3,000-3,999 hrs | $18,083 (3) | $12,405 (4) |
| 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 562 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
Gehl 562
No active listings right now.
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