Bobcat S650 vs Mustang TL31: Which Is the Better Value?
The Bobcat S650 averages $30,170 CAD at auction, compared to $31,725 for the Mustang TL31. That's a $1,554 difference. Based on 152 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,554 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 TL31
CTL$31,725 CAD avg
$31,572
Low
$31,877
High
2
Sales
Avg 2,383 hours · None–None model years
Full price guide →How do S650 and TL31 specs compare?
| Spec | Bobcat S650 | Mustang TL31 |
|---|---|---|
| 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 TL31?
- Price: The S650 is $1,554 cheaper on average (5% savings).
- Track Type: S650 is a wheeled skid steer (SSL) while TL31 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 TL31s average 2,383 hours.
Both Bobcat and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a S650 or TL31? Check current listings with Deal Scores.
Which is the better value: S650 or TL31?
Choose the Bobcat S650 if:
- You want lower upfront cost ($1,554 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Mustang TL31 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do S650 and TL31 prices compare by year?
| Year | Bobcat S650 | Mustang TL31 |
|---|---|---|
| 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) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S650 and TL31 prices compare by hours?
| Hours | Bobcat S650 | Mustang TL31 |
|---|---|---|
| 0-999 hrs | $48,935 (18) | — |
| 1,000-1,999 hrs | $35,423 (34) | — |
| 2,000-2,999 hrs | $29,489 (33) | $31,725 (2) |
| 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 TL31 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 TL31
No active listings right now.
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