Bobcat S650 vs Mustang TL25: Which Is the Better Value?
The Bobcat S650 averages $30,170 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $2,348 difference. Based on 156 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,348 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →How do S650 and TL25 specs compare?
| Spec | Bobcat S650 | Mustang TL25 |
|---|---|---|
| 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 TL25?
- Price: The TL25 is $2,348 cheaper on average (8% savings).
- Track Type: S650 is a wheeled skid steer (SSL) while TL25 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a S650 or TL25? Check current listings with Deal Scores.
Which is the better value: S650 or TL25?
Choose the Bobcat S650 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Mustang TL25 if:
- You want lower upfront cost ($2,348 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do S650 and TL25 prices compare by year?
| Year | Bobcat S650 | Mustang TL25 |
|---|---|---|
| 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) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S650 and TL25 prices compare by hours?
| Hours | Bobcat S650 | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $48,935 (18) | $21,921 (2) |
| 1,000-1,999 hrs | $35,423 (34) | — |
| 2,000-2,999 hrs | $29,489 (33) | $24,569 (2) |
| 3,000-3,999 hrs | $28,488 (24) | — |
| 4,000+ hrs | $19,654 (28) | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S650 or TL25 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
Mustang TL25
No active listings right now.
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