Bobcat T200 vs Caterpillar 242B: Which Is the Better Value?
The Bobcat T200 averages $15,396 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $3,368 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,368 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat T200
CTL$15,396 CAD avg
$6,795
Low
$22,011
High
14
Sales
Avg 3,973 hours · 2001–2003 model years
Full price guide →Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →What are the key differences between T200 and 242B?
- Price: The T200 is $3,368 cheaper on average (18% savings).
- Track Type: T200 is a compact track loader (CTL) while 242B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T200s average 3,973 hours while 242Bs average 3,523 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T200 or 242B? Check current listings with Deal Scores.
Which is the better value: T200 or 242B?
Choose the Bobcat T200 if:
- You want lower upfront cost ($3,368 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T200 and 242B prices compare by year?
| Year | Bobcat T200 | Caterpillar 242B |
|---|---|---|
| 2013 | — | $17,396 (2) |
| 2012 | — | $19,401 (2) |
| 2008 | — | $29,111 (2) |
| 2006 | — | $27,942 (2) |
| 2005 | — | $16,962 (10) |
| 2004 | — | $13,874 (4) |
| 2003 | $19,380 (2) | — |
| 2002 | $15,150 (4) | — |
| 2001 | $14,524 (8) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T200 and 242B prices compare by hours?
| Hours | Bobcat T200 | Caterpillar 242B |
|---|---|---|
| 1,000-1,999 hrs | — | $19,840 (4) |
| 2,000-2,999 hrs | — | $24,793 (4) |
| 3,000-3,999 hrs | $17,628 (8) | — |
| 4,000+ hrs | $16,222 (2) | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
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