Bobcat T550 vs John Deere 324E: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $18,833 for the John Deere 324E. That's a $10,579 difference. Based on 49 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 324E is the better value buy for most Canadian buyers, averaging $10,579 less than the T550.
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 →John Deere 324E
SSL$18,833 CAD avg
$9,563
Low
$27,141
High
6
Sales
Avg 1,328 hours · 2017–2017 model years
Full price guide →How do T550 and 324E specs compare?
| Spec | Bobcat T550 | John Deere 324E |
|---|---|---|
| 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 324E?
- Price: The 324E is $10,579 cheaper on average (36% savings).
- Track Type: T550 is a compact track loader (CTL) while 324E 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 324Es average 1,328 hours.
Both Bobcat and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or 324E? Check current listings with Deal Scores.
Which is the better value: T550 or 324E?
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 John Deere 324E if:
- You want lower upfront cost ($10,579 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer John Deere's dealer network and parts availability
How do T550 and 324E prices compare by year?
| Year | Bobcat T550 | John Deere 324E |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | — |
| 2018 | $27,779 (4) | — |
| 2017 | $33,258 (6) | $18,833 (6) |
| 2016 | $32,798 (8) | — |
| 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 324E prices compare by hours?
| Hours | Bobcat T550 | John Deere 324E |
|---|---|---|
| 0-999 hrs | $35,935 (2) | $10,181 (2) |
| 1,000-1,999 hrs | $27,579 (25) | $25,714 (2) |
| 2,000-2,999 hrs | $31,099 (14) | $20,605 (2) |
| 3,000-3,999 hrs | $33,996 (2) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or 324E in Canada?
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