Bobcat T550 vs Case SR240: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $25,323 for the Case SR240. That's a $4,089 difference. Power-wise, the T550 offers 61 HP versus the SR240's 84 HP. The T550 has 1,595 lb rated operating capacity vs 2,400 lb for the SR240. Based on 67 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,089 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 →Case SR240
SSL$25,323 CAD avg
$18,216
Low
$37,378
High
24
Sales
Avg 2,356 hours · 2015–2019 model years
Full price guide →How do T550 and SR240 specs compare?
| Spec | Bobcat T550 | Case SR240 |
|---|---|---|
| Horsepower | 61 hp | 84 hp |
| Rated Operating Capacity | 1,595 lbs | 2,400 lbs |
| Operating Weight | 7,215 lbs | 7,880 lbs |
| Lift Type | vertical | radial |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between T550 and SR240?
- Price: The SR240 is $4,089 cheaper on average (14% savings).
- Power: The SR240 has 23 more horsepower (84 HP vs 61 HP).
- Lifting Capacity: The SR240 lifts 805 lbs more (2,400 lb ROC).
- Lift Type: T550 uses vertical lift while SR240 uses radial lift.
- Track Type: T550 is a compact track loader (CTL) while SR240 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T550s average 1,934 hours while SR240s average 2,356 hours.
Both Bobcat and Case retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or SR240? Check current listings with Deal Scores.
Which is the better value: T550 or SR240?
Choose the Bobcat T550 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Case SR240 if:
- You want lower upfront cost ($4,089 savings)
- You need more power (84 HP)
- You need higher lifting capacity (2,400 lbs)
- You work on pavement, concrete, or hard surfaces
- You prefer Case's dealer network and parts availability
How do T550 and SR240 prices compare by year?
| Year | Bobcat T550 | Case SR240 |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | $22,044 (2) |
| 2018 | $27,779 (4) | $20,994 (6) |
| 2017 | $33,258 (6) | $30,939 (2) |
| 2016 | $32,798 (8) | $26,103 (8) |
| 2015 | $35,516 (6) | $23,678 (4) |
| 2014 | $35,291 (6) | — |
| 2013 | $23,370 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and SR240 prices compare by hours?
| Hours | Bobcat T550 | Case SR240 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $36,146 (2) |
| 1,000-1,999 hrs | $27,579 (25) | $26,758 (6) |
| 2,000-2,999 hrs | $31,099 (14) | $25,400 (6) |
| 3,000-3,999 hrs | $33,996 (2) | $21,527 (6) |
| 4,000+ hrs | — | $22,474 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or SR240 in Canada?
Bobcat T550
2015 Bobcat T550
2,389 hrs · Kitchener
$29,900 CAD
2022 Bobcat T550
265 hrs · Elmwood
$69,995 CAD
2018 Bobcat T550
3,972 hrs · Sarnia
$33,400 CAD
Case SR240
No active listings right now.
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