Bobcat T550 vs Caterpillar 262D: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $2,108 difference. Based on 134 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,108 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 →Caterpillar 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →How do T550 and 262D specs compare?
| Spec | Bobcat T550 | Caterpillar 262D |
|---|---|---|
| Horsepower | 61 hp | — |
| Rated Operating Capacity | 1,595 lbs | — |
| Operating Weight | 7,215 lbs | — |
| Lift Type | vertical | — |
| Frame Size | small | — |
What are the key differences between T550 and 262D?
- Price: The 262D is $2,108 cheaper on average (7% savings).
- Track Type: T550 is a compact track loader (CTL) while 262D 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 262Ds average 3,845 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or 262D? Check current listings with Deal Scores.
Which is the better value: T550 or 262D?
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 Caterpillar 262D if:
- You want lower upfront cost ($2,108 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T550 and 262D prices compare by year?
| Year | Bobcat T550 | Caterpillar 262D |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | $23,439 (4) |
| 2018 | $27,779 (4) | $26,302 (14) |
| 2017 | $33,258 (6) | $24,194 (16) |
| 2016 | $32,798 (8) | $31,259 (12) |
| 2015 | $35,516 (6) | $31,425 (17) |
| 2014 | $35,291 (6) | $23,830 (22) |
| 2013 | $23,370 (2) | $42,801 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and 262D prices compare by hours?
| Hours | Bobcat T550 | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $47,156 (4) |
| 1,000-1,999 hrs | $27,579 (25) | $34,947 (14) |
| 2,000-2,999 hrs | $31,099 (14) | $29,670 (18) |
| 3,000-3,999 hrs | $33,996 (2) | $24,712 (11) |
| 4,000+ hrs | — | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or 262D in Canada?
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