Bobcat S550 vs Wacker Neuson T31: Which Is the Better Value?
The Bobcat S550 averages $23,450 CAD at auction, compared to $46,413 for the Wacker Neuson T31. That's a $22,962 difference. Based on 34 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 $22,962 less than the T31.
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 →Wacker Neuson T31
CTL$46,413 CAD avg
$28,082
Low
$64,722
High
10
Sales
Avg 1,153 hours · 2017–2018 model years
Full price guide →How do S550 and T31 specs compare?
| Spec | Bobcat S550 | Wacker Neuson T31 |
|---|---|---|
| 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 T31?
- Price: The S550 is $22,962 cheaper on average (49% savings).
- Track Type: S550 is a wheeled skid steer (SSL) while T31 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 T31s average 1,153 hours.
Both Bobcat and Wacker Neuson retain value well. See our depreciation guide for brand rankings.
Looking for a S550 or T31? Check current listings with Deal Scores.
Which is the better value: S550 or T31?
Choose the Bobcat S550 if:
- You want lower upfront cost ($22,962 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Wacker Neuson T31 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Wacker Neuson's dealer network and parts availability
How do S550 and T31 prices compare by year?
| Year | Bobcat S550 | Wacker Neuson T31 |
|---|---|---|
| 2020 | $10,994 (3) | — |
| 2019 | $15,717 (4) | — |
| 2018 | $36,125 (4) | $54,530 (2) |
| 2017 | $26,909 (4) | $37,003 (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 T31 prices compare by hours?
| Hours | Bobcat S550 | Wacker Neuson T31 |
|---|---|---|
| 0-999 hrs | $47,225 (2) | $48,422 (4) |
| 1,000-1,999 hrs | $20,665 (11) | $45,073 (6) |
| 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 T31 in Canada?
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