Bobcat T55 vs Bobcat T62: Which Is the Better Value?
The Bobcat T55 averages $13,407 CAD at auction, compared to $40,993 for the Bobcat T62. That's a $27,585 difference. Based on 53 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T55 is the better value buy for most Canadian buyers, averaging $27,585 less than the T62.
Bobcat T55
CTL$13,407 CAD avg
$6,830
Low
$29,087
High
46
Sales
Avg 1,523 hours · 2005–2020 model years
Full price guide →Bobcat T62
SSL$40,993 CAD avg
$31,118
Low
$45,509
High
7
Sales
Avg 1,681 hours · 2021–2022 model years
Full price guide →What are the key differences between T55 and T62?
- Price: The T55 is $27,585 cheaper on average (67% savings).
- Track Type: T55 is a compact track loader (CTL) while T62 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and Bobcat retain value well. See our depreciation guide for brand rankings.
Looking for a T55 or T62? Check current listings with Deal Scores.
Which is the better value: T55 or T62?
Choose the Bobcat T55 if:
- You want lower upfront cost ($27,585 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Bobcat T62 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
How do T55 and T62 prices compare by year?
| Year | Bobcat T55 | Bobcat T62 |
|---|---|---|
| 2022 | — | $31,118 (1) |
| 2021 | — | $42,639 (6) |
| 2020 | $21,561 (2) | — |
| 2016 | $9,700 (2) | — |
| 2015 | $12,120 (2) | — |
| 2014 | $10,884 (4) | — |
| 2012 | $16,319 (6) | — |
| 2011 | $22,473 (4) | — |
| 2009 | $10,898 (2) | — |
| 2008 | $11,517 (6) | — |
| 2007 | $11,345 (4) | — |
| 2005 | $10,726 (10) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T55 and T62 prices compare by hours?
| Hours | Bobcat T55 | Bobcat T62 |
|---|---|---|
| 0-999 hrs | $14,421 (16) | — |
| 1,000-1,999 hrs | $13,916 (14) | $40,993 (7) |
| 2,000-2,999 hrs | $11,473 (12) | — |
| 3,000-3,999 hrs | $12,198 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T55 or T62 in Canada?
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