Bobcat T62 vs Bobcat T650: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $34,259 for the Bobcat T650. That's a $6,733 difference. Based on 150 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T650 is the better value buy for most Canadian buyers, averaging $6,733 less than the T62.
Bobcat T62
SSL$40,993 CAD avg
$31,118
Low
$45,509
High
7
Sales
Avg 1,681 hours · 2021–2022 model years
Full price guide →Bobcat T650
SSL$34,259 CAD avg
$148
Low
$61,348
High
143
Sales
Avg 3,044 hours · 2010–2020 model years
Full price guide →How do T62 and T650 specs compare?
| Spec | Bobcat T62 | Bobcat T650 |
|---|---|---|
| Horsepower | — | 74 hp |
| Rated Operating Capacity | — | 2,570 lbs |
| Operating Weight | — | 9,185 lbs |
| Lift Type | — | radial |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between T62 and T650?
- Price: The T650 is $6,733 cheaper on average (16% savings).
- Usage: Used T62s average 1,681 hours while T650s average 3,044 hours.
Both Bobcat and Bobcat retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or T650? Check current listings with Deal Scores.
Which is the better value: T62 or T650?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Bobcat T650 if:
- You want lower upfront cost ($6,733 savings)
- You prefer Bobcat's dealer network and parts availability
How do T62 and T650 prices compare by year?
| Year | Bobcat T62 | Bobcat T650 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2020 | — | $58,633 (4) |
| 2019 | — | $35,061 (12) |
| 2018 | — | $34,160 (14) |
| 2017 | — | $39,602 (10) |
| 2016 | — | $38,512 (28) |
| 2015 | — | $36,931 (24) |
| 2014 | — | $29,227 (21) |
| 2013 | — | $32,758 (6) |
| 2012 | — | $33,418 (6) |
| 2011 | — | $32,382 (8) |
| 2010 | — | $22,146 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and T650 prices compare by hours?
| Hours | Bobcat T62 | Bobcat T650 |
|---|---|---|
| 0-999 hrs | — | $51,998 (2) |
| 1,000-1,999 hrs | $40,993 (7) | $48,051 (18) |
| 2,000-2,999 hrs | — | $37,011 (52) |
| 3,000-3,999 hrs | — | $32,988 (36) |
| 4,000+ hrs | — | $27,937 (26) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or T650 in Canada?
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