Bobcat T550 vs Bobcat T740: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $32,419 for the Bobcat T740. That's a $3,006 difference. Power-wise, the T550 offers 61 HP versus the T740's 74 HP. The T550 has 1,595 lb rated operating capacity vs 2,400 lb for the T740. Based on 74 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $3,006 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat T550
CTL$29,412 CAD avg
$15,869
Low
$43,263
High
43
Sales
Avg 1,934 hours · 2013–2020 model years
Full price guide →Bobcat T740
CTL$32,419 CAD avg
$17,940
Low
$51,616
High
31
Sales
Avg 2,678 hours · 2016–2021 model years
Full price guide →How do T550 and T740 specs compare?
| Spec | Bobcat T550 | Bobcat T740 |
|---|---|---|
| Horsepower | 61 hp | 74 hp |
| Rated Operating Capacity | 1,595 lbs | 2,400 lbs |
| Operating Weight | 7,215 lbs | 9,375 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between T550 and T740?
- Price: The T550 is $3,006 cheaper on average (9% savings).
- Power: The T740 has 13 more horsepower (74 HP vs 61 HP).
- Lifting Capacity: The T740 lifts 805 lbs more (2,400 lb ROC).
- Usage: Used T550s average 1,934 hours while T740s average 2,678 hours.
Both Bobcat and Bobcat retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or T740? Check current listings with Deal Scores.
Which is the better value: T550 or T740?
Choose the Bobcat T550 if:
- You want lower upfront cost ($3,006 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Bobcat T740 if:
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You prefer Bobcat's dealer network and parts availability
How do T550 and T740 prices compare by year?
| Year | Bobcat T550 | Bobcat T740 |
|---|---|---|
| 2021 | — | $20,700 (1) |
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | $30,554 (18) |
| 2018 | $27,779 (4) | $38,071 (4) |
| 2017 | $33,258 (6) | $36,331 (6) |
| 2016 | $32,798 (8) | $32,017 (2) |
| 2015 | $35,516 (6) | — |
| 2014 | $35,291 (6) | — |
| 2013 | $23,370 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and T740 prices compare by hours?
| Hours | Bobcat T550 | Bobcat T740 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $28,833 (2) |
| 1,000-1,999 hrs | $27,579 (25) | $33,036 (7) |
| 2,000-2,999 hrs | $31,099 (14) | $30,518 (11) |
| 3,000-3,999 hrs | $33,996 (2) | $34,884 (5) |
| 4,000+ hrs | — | $37,048 (5) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or T740 in Canada?
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