Bobcat T450 vs Caterpillar 262D: Which Is the Better Value?

| Based on 121 verified Canadian auction sales

The Bobcat T450 averages $32,160 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $4,855 difference. Based on 121 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

Both machines are competitively priced with only a $4,855 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.

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 262D

SSL

$27,304 CAD avg

$11,233

Low

$53,070

High

91

Sales

Avg 3,845 hours · 2013–2019 model years

Full price guide →

How do T450 and 262D specs compare?

Bobcat T450 vs Caterpillar 262D specifications comparison
Spec Bobcat T450 Caterpillar 262D
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 262D?

  • Price: The 262D is $4,855 cheaper on average (15% savings).
  • Track Type: T450 is a compact track loader (CTL) while 262D 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 262Ds average 3,845 hours.

Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a T450 or 262D? Check current listings with Deal Scores.

Which is the better value: T450 or 262D?

Choose the Bobcat T450 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Bobcat's dealer network and parts availability

How do T450 and 262D prices compare by year?

Bobcat T450 vs Caterpillar 262D prices by model year (CAD)
Year Bobcat T450 Caterpillar 262D
2022 $41,943 (2)
2020 $39,997 (6)
2019 $30,257 (4) $23,439 (4)
2018 $26,302 (14)
2017 $32,994 (6) $24,194 (16)
2016 $33,662 (2) $31,259 (12)
2015 $24,848 (8) $31,425 (17)
2014 $27,908 (2) $23,830 (22)
2013 $42,801 (4)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do T450 and 262D prices compare by hours?

Bobcat T450 vs Caterpillar 262D prices by hours (CAD)
Hours Bobcat T450 Caterpillar 262D
0-999 hrs $43,015 (6) $47,156 (4)
1,000-1,999 hrs $32,075 (10) $34,947 (14)
2,000-2,999 hrs $30,291 (12) $29,670 (18)
3,000-3,999 hrs $11,227 (2) $24,712 (11)
4,000+ hrs $22,850 (38)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a T450 or 262D in Canada?

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