Bobcat T320 vs Caterpillar 246B: Which Is the Better Value?
The Bobcat T320 averages $37,197 CAD at auction, compared to $20,827 for the Caterpillar 246B. That's a $16,369 difference. Based on 44 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246B is the better value buy for most Canadian buyers, averaging $16,369 less than the T320.
Bobcat T320
CTL$37,197 CAD avg
$16,256
Low
$65,550
High
28
Sales
Avg 3,572 hours · 2007–2011 model years
Full price guide →Caterpillar 246B
SSL$20,827 CAD avg
$14,724
Low
$29,891
High
16
Sales
Avg 3,676 hours · 2004–2007 model years
Full price guide →What are the key differences between T320 and 246B?
- Price: The 246B is $16,369 cheaper on average (44% savings).
- Track Type: T320 is a compact track loader (CTL) while 246B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T320 or 246B? Check current listings with Deal Scores.
Which is the better value: T320 or 246B?
Choose the Bobcat T320 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246B if:
- You want lower upfront cost ($16,369 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T320 and 246B prices compare by year?
| Year | Bobcat T320 | Caterpillar 246B |
|---|---|---|
| 2011 | $35,564 (2) | — |
| 2010 | $36,076 (6) | — |
| 2009 | $30,126 (8) | — |
| 2008 | $41,635 (10) | — |
| 2007 | $48,286 (2) | $20,147 (2) |
| 2005 | — | $19,591 (10) |
| 2004 | — | $24,258 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T320 and 246B prices compare by hours?
| Hours | Bobcat T320 | Caterpillar 246B |
|---|---|---|
| 0-999 hrs | $64,273 (2) | $28,987 (2) |
| 1,000-1,999 hrs | $42,833 (10) | $26,128 (2) |
| 2,000-2,999 hrs | $45,128 (4) | — |
| 3,000-3,999 hrs | $30,174 (4) | $17,992 (2) |
| 4,000+ hrs | $24,838 (6) | $18,332 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T320 or 246B in Canada?
Caterpillar 246B
No active listings right now.
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