Bobcat S650 vs Boxer 532D: Which Is the Better Value?
The Bobcat S650 averages $30,170 CAD at auction, compared to $14,953 for the Boxer 532D. That's a $15,217 difference. Based on 154 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Boxer 532D is the better value buy for most Canadian buyers, averaging $15,217 less than the S650.
Bobcat S650
SSL$30,170 CAD avg
$2,622
Low
$76,891
High
150
Sales
Avg 2,838 hours · 2010–2023 model years
Full price guide →Boxer 532D
$14,953 CAD avg
$14,572
Low
$15,787
High
4
Sales
Avg 855 hours · 2008–2008 model years
Full price guide →How do S650 and 532D specs compare?
| Spec | Bobcat S650 | Boxer 532D |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,200 lbs | — |
| Operating Weight | 7,555 lbs | — |
| Lift Type | radial | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between S650 and 532D?
- Price: The 532D is $15,217 cheaper on average (50% savings).
- Track Type: S650 is a wheeled skid steer (SSL) while 532D is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S650s average 2,838 hours while 532Ds average 855 hours.
Both Bobcat and Boxer retain value well. See our depreciation guide for brand rankings.
Looking for a S650 or 532D? Check current listings with Deal Scores.
Which is the better value: S650 or 532D?
Choose the Bobcat S650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Boxer 532D if:
- You want lower upfront cost ($15,217 savings)
- You prefer Boxer's dealer network and parts availability
How do S650 and 532D prices compare by year?
| Year | Bobcat S650 | Boxer 532D |
|---|---|---|
| 2023 | $64,829 (2) | — |
| 2020 | $75,257 (2) | — |
| 2019 | $41,116 (15) | — |
| 2018 | $30,968 (4) | — |
| 2017 | $33,870 (4) | — |
| 2016 | $31,346 (22) | — |
| 2015 | $27,056 (23) | — |
| 2014 | $28,387 (38) | — |
| 2013 | $24,535 (12) | — |
| 2012 | $26,569 (8) | — |
| 2011 | $20,147 (8) | — |
| 2010 | $27,817 (10) | — |
| 2008 | — | $15,180 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S650 and 532D prices compare by hours?
| Hours | Bobcat S650 | Boxer 532D |
|---|---|---|
| 0-999 hrs | $48,935 (18) | $14,726 (2) |
| 1,000-1,999 hrs | $35,423 (34) | — |
| 2,000-2,999 hrs | $29,489 (33) | — |
| 3,000-3,999 hrs | $28,488 (24) | — |
| 4,000+ hrs | $19,654 (28) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S650 or 532D in Canada?
Bobcat S650
2019 Bobcat S650
2,350 hrs · Winnipeg
$37,500 CAD
2014 Bobcat S650
3,327 hrs · Fort Mcmurray
$35,700 CAD
2017 Bobcat S650
5,816 hrs · Calgary
$36,400 CAD
2017 Bobcat S650
3,320 hrs · Saskatoon
$40,900 CAD
Boxer 532D
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat S650
We'll send you current pricing and available units. No spam.
Get a Price Quote on Boxer 532D
We'll send you current pricing and available units. No spam.