Bobcat T550 vs Caterpillar 287B: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $27,750 for the Caterpillar 287B. That's a $1,662 difference. Based on 77 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,662 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 287B
CTL$27,750 CAD avg
$13,358
Low
$51,476
High
34
Sales
Avg 3,014 hours · 2004–2007 model years
Full price guide →How do T550 and 287B specs compare?
| Spec | Bobcat T550 | Caterpillar 287B |
|---|---|---|
| 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 287B?
- Price: The 287B is $1,662 cheaper on average (6% savings).
- Usage: Used T550s average 1,934 hours while 287Bs average 3,014 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or 287B? Check current listings with Deal Scores.
Which is the better value: T550 or 287B?
Choose the Bobcat T550 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 287B if:
- You want lower upfront cost ($1,662 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T550 and 287B prices compare by year?
| Year | Bobcat T550 | Caterpillar 287B |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | — |
| 2018 | $27,779 (4) | — |
| 2017 | $33,258 (6) | — |
| 2016 | $32,798 (8) | — |
| 2015 | $35,516 (6) | — |
| 2014 | $35,291 (6) | — |
| 2013 | $23,370 (2) | — |
| 2007 | — | $19,348 (8) |
| 2006 | — | $33,743 (12) |
| 2005 | — | $25,557 (12) |
| 2004 | — | $38,560 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and 287B prices compare by hours?
| Hours | Bobcat T550 | Caterpillar 287B |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $37,198 (6) |
| 1,000-1,999 hrs | $27,579 (25) | — |
| 2,000-2,999 hrs | $31,099 (14) | $34,364 (6) |
| 3,000-3,999 hrs | $33,996 (2) | $32,614 (6) |
| 4,000+ hrs | — | $19,728 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or 287B 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
Caterpillar 287B
No active listings right now.
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