Bobcat S740 vs Caterpillar 247B: Which Is the Better Value?
The Bobcat S740 averages $45,733 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $24,397 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 247B is the better value buy for most Canadian buyers, averaging $24,397 less than the S740.
Bobcat S740
SSL$45,733 CAD avg
$25,046
Low
$61,667
High
16
Sales
Avg 2,045 hours · 2016–2021 model years
Full price guide →Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →How do S740 and 247B specs compare?
| Spec | Bobcat S740 | Caterpillar 247B |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,400 lbs | — |
| Operating Weight | 7,940 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between S740 and 247B?
- Price: The 247B is $24,397 cheaper on average (53% savings).
- Track Type: S740 is a wheeled skid steer (SSL) while 247B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used S740s average 2,045 hours while 247Bs average 3,652 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a S740 or 247B? Check current listings with Deal Scores.
Which is the better value: S740 or 247B?
Choose the Bobcat S740 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 247B if:
- You want lower upfront cost ($24,397 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do S740 and 247B prices compare by year?
| Year | Bobcat S740 | Caterpillar 247B |
|---|---|---|
| 2021 | $55,187 (2) | — |
| 2020 | $46,079 (2) | — |
| 2019 | $40,040 (6) | — |
| 2018 | $55,776 (2) | — |
| 2017 | $37,923 (2) | — |
| 2016 | $50,778 (2) | — |
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do S740 and 247B prices compare by hours?
| Hours | Bobcat S740 | Caterpillar 247B |
|---|---|---|
| 0-999 hrs | $61,193 (2) | — |
| 1,000-1,999 hrs | $51,955 (8) | — |
| 2,000-2,999 hrs | $37,923 (2) | $24,225 (4) |
| 3,000-3,999 hrs | $33,204 (2) | $28,444 (2) |
| 4,000+ hrs | $25,722 (2) | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a S740 or 247B in Canada?
Bobcat S740
2022 Bobcat S740
3,199 hrs · Maxwell
$44,900 CAD
2022 Bobcat S740
N/A hrs · Owen Sound
$44,900 CAD
None Bobcat S740
1,774 hrs · Dungannon
$48,000 CAD
2018 Bobcat S740
3,254 hrs · Stoney Creek
$41,000 CAD
Caterpillar 247B
No active listings right now.
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