Bobcat T550 vs New Holland C232: Which Is the Better Value?
The Bobcat T550 averages $29,412 CAD at auction, compared to $39,742 for the New Holland C232. That's a $10,329 difference. Power-wise, the T550 offers 61 HP versus the C232's 84 HP. The T550 has 1,595 lb rated operating capacity vs 2,700 lb for the C232. Based on 57 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T550 is the better value buy for most Canadian buyers, averaging $10,329 less than the C232. The C232 is worth the premium if you specifically need the extra 23 HP or the higher 2,700 lb lifting capacity .
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 →New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 model years
Full price guide →How do T550 and C232 specs compare?
| Spec | Bobcat T550 | New Holland C232 |
|---|---|---|
| Horsepower | 61 hp | 84 hp |
| Rated Operating Capacity | 1,595 lbs | 2,700 lbs |
| Operating Weight | 7,215 lbs | 10,085 lbs |
| Lift Type | vertical | vertical |
| Frame Size | small | mid |
| High Flow | — | 1 gpm |
What are the key differences between T550 and C232?
- Price: The T550 is $10,329 cheaper on average (26% savings).
- Power: The C232 has 23 more horsepower (84 HP vs 61 HP).
- Lifting Capacity: The C232 lifts 1105 lbs more (2,700 lb ROC).
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T550 or C232? Check current listings with Deal Scores.
Which is the better value: T550 or C232?
Choose the Bobcat T550 if:
- You want lower upfront cost ($10,329 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C232 if:
- You need more power (84 HP)
- You need higher lifting capacity (2,700 lbs)
- You prefer New Holland's dealer network and parts availability
How do T550 and C232 prices compare by year?
| Year | Bobcat T550 | New Holland C232 |
|---|---|---|
| 2020 | $20,930 (9) | — |
| 2019 | $15,869 (2) | — |
| 2018 | $27,779 (4) | — |
| 2017 | $33,258 (6) | $52,192 (4) |
| 2016 | $32,798 (8) | — |
| 2015 | $35,516 (6) | — |
| 2014 | $35,291 (6) | $32,575 (2) |
| 2013 | $23,370 (2) | $45,914 (4) |
| 2012 | — | $18,756 (2) |
| 2011 | — | $30,651 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T550 and C232 prices compare by hours?
| Hours | Bobcat T550 | New Holland C232 |
|---|---|---|
| 0-999 hrs | $35,935 (2) | — |
| 1,000-1,999 hrs | $27,579 (25) | $45,372 (10) |
| 2,000-2,999 hrs | $31,099 (14) | — |
| 3,000-3,999 hrs | $33,996 (2) | $32,575 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T550 or C232 in Canada?
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