Bobcat S650 vs Mustang TL16: Which Is the Better Value?

| Based on 152 verified Canadian auction sales

The Bobcat S650 averages $30,170 CAD at auction, compared to $36,775 for the Mustang TL16. That's a $6,604 difference. Based on 152 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Bobcat S650 is the better value buy for most Canadian buyers, averaging $6,604 less than the TL16.

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 →

Mustang TL16

CTL

$36,775 CAD avg

$35,673

Low

$37,877

High

2

Sales

Avg 902 hours · 2007–2007 model years

Full price guide →

How do S650 and TL16 specs compare?

Bobcat S650 vs Mustang TL16 specifications comparison
Spec Bobcat S650 Mustang TL16
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 TL16?

  • Price: The S650 is $6,604 cheaper on average (18% savings).
  • Track Type: S650 is a wheeled skid steer (SSL) while TL16 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used S650s average 2,838 hours while TL16s average 902 hours.

Both Bobcat and Mustang retain value well. See our depreciation guide for brand rankings.

Looking for a S650 or TL16? Check current listings with Deal Scores.

Which is the better value: S650 or TL16?

Choose the Mustang TL16 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Mustang's dealer network and parts availability

How do S650 and TL16 prices compare by year?

Bobcat S650 vs Mustang TL16 prices by model year (CAD)
Year Bobcat S650 Mustang TL16
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)
2007 $36,775 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do S650 and TL16 prices compare by hours?

Bobcat S650 vs Mustang TL16 prices by hours (CAD)
Hours Bobcat S650 Mustang TL16
0-999 hrs $48,935 (18) $36,775 (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 TL16 in Canada?

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