Bobcat T450 vs Caterpillar 226B: Which Is the Better Value?
The Bobcat T450 averages $32,160 CAD at auction, compared to $15,990 for the Caterpillar 226B. That's a $16,169 difference. Based on 53 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 226B is the better value buy for most Canadian buyers, averaging $16,169 less than the T450.
Bobcat T450
CTL$32,160 CAD avg
$10,777
Low
$56,165
High
30
Sales
Avg 1,784 hours · 2014–2022 model years
Full price guide →Caterpillar 226B
SSL$15,990 CAD avg
$6,223
Low
$24,287
High
23
Sales
Avg 3,098 hours · 2004–2011 model years
Full price guide →How do T450 and 226B specs compare?
| Spec | Bobcat T450 | Caterpillar 226B |
|---|---|---|
| Horsepower | 61 hp | — |
| Rated Operating Capacity | 1,400 lbs | — |
| Operating Weight | 7,065 lbs | — |
| Lift Type | radial | — |
| Frame Size | small | — |
What are the key differences between T450 and 226B?
- Price: The 226B is $16,169 cheaper on average (50% savings).
- Track Type: T450 is a compact track loader (CTL) while 226B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T450s average 1,784 hours while 226Bs average 3,098 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T450 or 226B? Check current listings with Deal Scores.
Which is the better value: T450 or 226B?
Choose the Bobcat T450 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 226B if:
- You want lower upfront cost ($16,169 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T450 and 226B prices compare by year?
| Year | Bobcat T450 | Caterpillar 226B |
|---|---|---|
| 2022 | $41,943 (2) | — |
| 2020 | $39,997 (6) | — |
| 2019 | $30,257 (4) | — |
| 2017 | $32,994 (6) | — |
| 2016 | $33,662 (2) | — |
| 2015 | $24,848 (8) | — |
| 2014 | $27,908 (2) | — |
| 2011 | — | $15,749 (4) |
| 2006 | — | $16,779 (4) |
| 2005 | — | $19,095 (3) |
| 2004 | — | $16,773 (10) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T450 and 226B prices compare by hours?
| Hours | Bobcat T450 | Caterpillar 226B |
|---|---|---|
| 0-999 hrs | $43,015 (6) | $16,289 (2) |
| 1,000-1,999 hrs | $32,075 (10) | $17,269 (2) |
| 2,000-2,999 hrs | $30,291 (12) | $20,972 (6) |
| 3,000-3,999 hrs | $11,227 (2) | $13,659 (4) |
| 4,000+ hrs | — | $15,041 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T450 or 226B in Canada?
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