Bobcat T320 vs Caterpillar 248B: Which Is the Better Value?
The Bobcat T320 averages $37,197 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $20,787 difference. Based on 44 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 248B is the better value buy for most Canadian buyers, averaging $20,787 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 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 T320 and 248B?
- Price: The 248B is $20,787 cheaper on average (56% savings).
- Track Type: T320 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 T320s average 3,572 hours while 248Bs average 4,803 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T320 or 248B? Check current listings with Deal Scores.
Which is the better value: T320 or 248B?
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 248B if:
- You want lower upfront cost ($20,787 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T320 and 248B prices compare by year?
| Year | Bobcat T320 | Caterpillar 248B |
|---|---|---|
| 2011 | $35,564 (2) | — |
| 2010 | $36,076 (6) | — |
| 2009 | $30,126 (8) | — |
| 2008 | $41,635 (10) | — |
| 2007 | $48,286 (2) | $18,337 (2) |
| 2006 | — | $13,251 (6) |
| 2005 | — | $17,812 (6) |
| 2004 | — | $19,747 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T320 and 248B prices compare by hours?
| Hours | Bobcat T320 | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | $64,273 (2) | $22,270 (4) |
| 1,000-1,999 hrs | $42,833 (10) | — |
| 2,000-2,999 hrs | $45,128 (4) | $18,337 (2) |
| 3,000-3,999 hrs | $30,174 (4) | $14,322 (4) |
| 4,000+ hrs | $24,838 (6) | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T320 or 248B in Canada?
Caterpillar 248B
No active listings right now.
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