Bobcat T62 vs Caterpillar 226B3: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $16,707 for the Caterpillar 226B3. That's a $24,286 difference. Based on 26 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 226B3 is the better value buy for most Canadian buyers, averaging $24,286 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 226B3
SSL$16,707 CAD avg
$10,018
Low
$38,709
High
19
Sales
Avg 4,434 hours · 2011–2015 model years
Full price guide →What are the key differences between T62 and 226B3?
- Price: The 226B3 is $24,286 cheaper on average (59% savings).
- Usage: Used T62s average 1,681 hours while 226B3s average 4,434 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 226B3? Check current listings with Deal Scores.
Which is the better value: T62 or 226B3?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 226B3 if:
- You want lower upfront cost ($24,286 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 226B3 prices compare by year?
| Year | Bobcat T62 | Caterpillar 226B3 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2015 | — | $13,736 (3) |
| 2014 | — | $26,522 (6) |
| 2012 | — | $11,578 (8) |
| 2011 | — | $12,230 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 226B3 prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 226B3 |
|---|---|---|
| 0-999 hrs | — | $38,468 (2) |
| 1,000-1,999 hrs | $40,993 (7) | — |
| 3,000-3,999 hrs | — | $14,084 (9) |
| 4,000+ hrs | — | $14,576 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 226B3 in Canada?
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