Bobcat T200 vs Caterpillar 248B: Which Is the Better Value?
The Bobcat T200 averages $15,396 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $1,013 difference. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,013 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 248B
SSL$16,409 CAD avg
$7,286
Low
$28,841
High
16
Sales
Avg 4,803 hours · 2004–2007 model years
Full price guide →What are the key differences between T200 and 248B?
- Price: The T200 is $1,013 cheaper on average (6% savings).
- Track Type: T200 is a compact track loader (CTL) while 248B 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 248Bs average 4,803 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T200 or 248B? Check current listings with Deal Scores.
Which is the better value: T200 or 248B?
Choose the Bobcat T200 if:
- You want lower upfront cost ($1,013 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 248B if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T200 and 248B prices compare by year?
| Year | Bobcat T200 | Caterpillar 248B |
|---|---|---|
| 2007 | — | $18,337 (2) |
| 2006 | — | $13,251 (6) |
| 2005 | — | $17,812 (6) |
| 2004 | — | $19,747 (2) |
| 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 248B prices compare by hours?
| Hours | Bobcat T200 | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | — | $22,270 (4) |
| 2,000-2,999 hrs | — | $18,337 (2) |
| 3,000-3,999 hrs | $17,628 (8) | $14,322 (4) |
| 4,000+ hrs | $16,222 (2) | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
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