Bobcat S550 vs John Deere 324G: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $46,031 for the John Deere 324G. That's a $22,580 difference. Power-wise, the S550 offers 46 HP versus the 324G's 74 HP. The S550 has 1,550 lb rated operating capacity vs 2,400 lb for the 324G. Based on 35 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 $22,580 less than the 324G. The 324G is worth the premium if you specifically need the extra 28 HP or the higher 2,400 lb lifting capacity .
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 →John Deere 324G
SSL$46,031 CAD avg
$24,839
Low
$75,202
High
11
Sales
Avg 2,315 hours · 2019–2023 model years
Full price guide →How do S550 and 324G specs compare?
| Spec | Bobcat S550 | John Deere 324G |
|---|---|---|
| Horsepower | 46 hp | 74 hp |
| Rated Operating Capacity | 1,550 lbs | 2,400 lbs |
| Operating Weight | 5,670 lbs | 7,640 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between S550 and 324G?
- Price: The S550 is $22,580 cheaper on average (49% savings).
- Power: The 324G has 28 more horsepower (74 HP vs 46 HP).
- Lifting Capacity: The 324G lifts 850 lbs more (2,400 lb ROC).
Both Bobcat and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or 324G? Check current listings with Deal Scores.
Which is the better value: S550 or 324G?
Choose the Bobcat S550 if:
- You want lower upfront cost ($22,580 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the John Deere 324G if:
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You prefer John Deere's dealer network and parts availability
How do S550 and 324G prices compare by year?
| Year | Bobcat S550 | John Deere 324G |
|---|---|---|
| 2023 | — | $71,376 (2) |
| 2022 | — | $26,834 (2) |
| 2021 | — | $36,844 (4) |
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | $54,181 (3) |
| 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 324G prices compare by hours?
| Hours | Bobcat S550 | John Deere 324G |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $70,114 (4) |
| 1,000-1,999 hrs | $20,665 (11) | — |
| 2,000-2,999 hrs | $24,334 (6) | $35,267 (3) |
| 3,000-3,999 hrs | $18,083 (3) | $26,834 (2) |
| 4,000+ hrs | $20,394 (2) | $33,207 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S550 or 324G in Canada?
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