Bobcat S550 vs New Holland C245: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $73,780 for the New Holland C245. That's a $50,330 difference. Power-wise, the S550 offers 46 HP versus the C245's 90 HP. The S550 has 1,550 lb rated operating capacity vs 4,500 lb for the C245. Based on 30 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 $50,330 less than the C245. The C245 is worth the premium if you specifically need the extra 44 HP or the higher 4,500 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 →New Holland C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do S550 and C245 specs compare?
| Spec | Bobcat S550 | New Holland C245 |
|---|---|---|
| Horsepower | 46 hp | 90 hp |
| Rated Operating Capacity | 1,550 lbs | 4,500 lbs |
| Operating Weight | 5,670 lbs | 12,920 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | large |
| High Flow | — | 1 gpm |
What are the key differences between S550 and C245?
- Price: The S550 is $50,330 cheaper on average (68% savings).
- Power: The C245 has 44 more horsepower (90 HP vs 46 HP).
- Lifting Capacity: The C245 lifts 2950 lbs more (4,500 lb ROC).
- Track Type: S550 is a wheeled skid steer (SSL) while C245 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 C245s average 1,061 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or C245? Check current listings with Deal Scores.
Which is the better value: S550 or C245?
Choose the Bobcat S550 if:
- You want lower upfront cost ($50,330 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C245 if:
- You need more power (90 HP)
- You need higher lifting capacity (4,500 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do S550 and C245 prices compare by year?
| Year | Bobcat S550 | New Holland C245 |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | $93,043 (2) |
| 2018 | $36,125 (4) | $64,742 (2) |
| 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 C245 prices compare by hours?
| Hours | Bobcat S550 | New Holland C245 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $93,043 (2) |
| 1,000-1,999 hrs | $20,665 (11) | $64,149 (4) |
| 2,000-2,999 hrs | $24,334 (6) | — |
| 3,000-3,999 hrs | $18,083 (3) | — |
| 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 C245 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
New Holland C245
No active listings right now.
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