Bobcat T450 vs Caterpillar 262D3: Which Is the Better Value?
The Bobcat T450 averages $32,160 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $2,773 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,773 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 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →How do T450 and 262D3 specs compare?
| Spec | Bobcat T450 | Caterpillar 262D3 |
|---|---|---|
| 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 262D3?
- Price: The T450 is $2,773 cheaper on average (8% savings).
- Track Type: T450 is a compact track loader (CTL) while 262D3 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 262D3s average 3,424 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T450 or 262D3? Check current listings with Deal Scores.
Which is the better value: T450 or 262D3?
Choose the Bobcat T450 if:
- You want lower upfront cost ($2,773 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T450 and 262D3 prices compare by year?
| Year | Bobcat T450 | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | $41,943 (2) | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | $39,997 (6) | $33,538 (6) |
| 2019 | $30,257 (4) | — |
| 2017 | $32,994 (6) | — |
| 2016 | $33,662 (2) | — |
| 2015 | $24,848 (8) | — |
| 2014 | $27,908 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T450 and 262D3 prices compare by hours?
| Hours | Bobcat T450 | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $43,015 (6) | $22,080 (1) |
| 1,000-1,999 hrs | $32,075 (10) | — |
| 2,000-2,999 hrs | $30,291 (12) | $42,560 (6) |
| 3,000-3,999 hrs | $11,227 (2) | $30,387 (2) |
| 4,000+ hrs | — | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T450 or 262D3 in Canada?
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