Bobcat T590 vs Caterpillar 242D: Which Is the Better Value?
The Bobcat T590 averages $32,532 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $8,976 difference. Based on 101 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $8,976 less than the T590.
Bobcat T590
CTL$32,532 CAD avg
$10,350
Low
$78,936
High
89
Sales
Avg 2,578 hours · 2013–2019 model years
Full price guide →Caterpillar 242D
SSL$23,555 CAD avg
$10,018
Low
$34,666
High
12
Sales
Avg 3,839 hours · 2014–2018 model years
Full price guide →How do T590 and 242D specs compare?
| Spec | Bobcat T590 | Caterpillar 242D |
|---|---|---|
| Horsepower | 66 hp | — |
| Rated Operating Capacity | 1,850 lbs | — |
| Operating Weight | 8,180 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between T590 and 242D?
- Price: The 242D is $8,976 cheaper on average (28% savings).
- Track Type: T590 is a compact track loader (CTL) while 242D is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T590s average 2,578 hours while 242Ds average 3,839 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T590 or 242D? Check current listings with Deal Scores.
Which is the better value: T590 or 242D?
Choose the Bobcat T590 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242D if:
- You want lower upfront cost ($8,976 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T590 and 242D prices compare by year?
| Year | Bobcat T590 | Caterpillar 242D |
|---|---|---|
| 2019 | $31,688 (9) | — |
| 2018 | $23,613 (3) | $33,730 (2) |
| 2017 | $32,741 (14) | — |
| 2016 | $32,067 (24) | $14,593 (2) |
| 2015 | $32,342 (15) | $22,270 (4) |
| 2014 | $37,543 (12) | $24,234 (4) |
| 2013 | $31,306 (12) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T590 and 242D prices compare by hours?
| Hours | Bobcat T590 | Caterpillar 242D |
|---|---|---|
| 0-999 hrs | $58,567 (6) | — |
| 1,000-1,999 hrs | $33,556 (23) | — |
| 2,000-2,999 hrs | $31,609 (25) | $26,090 (6) |
| 3,000-3,999 hrs | $28,818 (18) | $24,234 (4) |
| 4,000+ hrs | $28,568 (14) | $14,593 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T590 or 242D in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat T590
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 242D
We'll send you current pricing and available units. No spam.