Bobcat T55 vs Caterpillar 262D3: Which Is the Better Value?
The Bobcat T55 averages $13,407 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $21,525 difference. Based on 62 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 $21,525 less than the 262D3.
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 →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 →What are the key differences between T55 and 262D3?
- Price: The T55 is $21,525 cheaper on average (62% savings).
- Track Type: T55 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 T55s average 1,523 hours while 262D3s average 3,424 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T55 or 262D3? Check current listings with Deal Scores.
Which is the better value: T55 or 262D3?
Choose the Bobcat T55 if:
- You want lower upfront cost ($21,525 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 T55 and 262D3 prices compare by year?
| Year | Bobcat T55 | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | $21,561 (2) | $33,538 (6) |
| 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 262D3 prices compare by hours?
| Hours | Bobcat T55 | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $14,421 (16) | $22,080 (1) |
| 1,000-1,999 hrs | $13,916 (14) | — |
| 2,000-2,999 hrs | $11,473 (12) | $42,560 (6) |
| 3,000-3,999 hrs | $12,198 (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 T55 or 262D3 in Canada?
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