Bobcat T62 vs Caterpillar 216B: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $10,126 for the Caterpillar 216B. That's a $30,866 difference. Based on 18 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 216B is the better value buy for most Canadian buyers, averaging $30,866 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 →Caterpillar 216B
SSL$10,126 CAD avg
$4,001
Low
$18,088
High
11
Sales
Avg 2,042 hours · 2005–2007 model years
Full price guide →What are the key differences between T62 and 216B?
- Price: The 216B is $30,866 cheaper on average (75% savings).
- Usage: Used T62s average 1,681 hours while 216Bs average 2,042 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 216B? Check current listings with Deal Scores.
Which is the better value: T62 or 216B?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 216B if:
- You want lower upfront cost ($30,866 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 216B prices compare by year?
| Year | Bobcat T62 | Caterpillar 216B |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2007 | — | $4,371 (2) |
| 2006 | — | $17,772 (2) |
| 2005 | — | $10,517 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 216B prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 216B |
|---|---|---|
| 0-999 hrs | — | $10,721 (4) |
| 1,000-1,999 hrs | $40,993 (7) | — |
| 4,000+ hrs | — | $17,772 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 216B in Canada?
Bobcat T62
2024 Bobcat T62
N/A hrs · Ottawa
$84,900 CAD
None Bobcat T62
80 hrs · MacTier
$85,000 CAD
2023 Bobcat T62
767 hrs · Brandon
$74,900 CAD
2024 Bobcat T62
91 hrs · Mountain
$84,900 CAD
Caterpillar 216B
No active listings right now.
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