Bobcat T200 vs Caterpillar 242B3: Which Is the Better Value?
The Bobcat T200 averages $15,396 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $10,932 difference. Based on 22 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T200 is the better value buy for most Canadian buyers, averaging $10,932 less than the 242B3.
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 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 model years
Full price guide →What are the key differences between T200 and 242B3?
- Price: The T200 is $10,932 cheaper on average (42% savings).
- Track Type: T200 is a compact track loader (CTL) while 242B3 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 242B3s average 1,852 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T200 or 242B3? Check current listings with Deal Scores.
Which is the better value: T200 or 242B3?
Choose the Bobcat T200 if:
- You want lower upfront cost ($10,932 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T200 and 242B3 prices compare by year?
| Year | Bobcat T200 | Caterpillar 242B3 |
|---|---|---|
| 2013 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
| 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 242B3 prices compare by hours?
| Hours | Bobcat T200 | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | — | $26,032 (2) |
| 1,000-1,999 hrs | — | $25,297 (4) |
| 3,000-3,999 hrs | $17,628 (8) | — |
| 4,000+ hrs | $16,222 (2) | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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