Bobcat T450 vs Caterpillar 248B: Which Is the Better Value?
The Bobcat T450 averages $32,160 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $15,750 difference. Based on 46 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 $15,750 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 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 →How do T450 and 248B specs compare?
| Spec | Bobcat T450 | Caterpillar 248B |
|---|---|---|
| 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 248B?
- Price: The 248B is $15,750 cheaper on average (49% savings).
- Track Type: T450 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 T450s average 1,784 hours while 248Bs average 4,803 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T450 or 248B? Check current listings with Deal Scores.
Which is the better value: T450 or 248B?
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 248B if:
- You want lower upfront cost ($15,750 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T450 and 248B prices compare by year?
| Year | Bobcat T450 | Caterpillar 248B |
|---|---|---|
| 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) | — |
| 2007 | — | $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 T450 and 248B prices compare by hours?
| Hours | Bobcat T450 | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | $43,015 (6) | $22,270 (4) |
| 1,000-1,999 hrs | $32,075 (10) | — |
| 2,000-2,999 hrs | $30,291 (12) | $18,337 (2) |
| 3,000-3,999 hrs | $11,227 (2) | $14,322 (4) |
| 4,000+ hrs | — | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T450 or 248B in Canada?
Bobcat T450
2022 Bobcat T450
810 hrs · Orillia
$49,000 CAD
2020 Bobcat T450
N/A hrs · Markham / York Region
$42,900 CAD
2026 Bobcat T450
N/A hrs · Lethbridge
$94,900 CAD
2024 Bobcat T450
309 hrs · Regina
$80,000 CAD
Caterpillar 248B
No active listings right now.
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