Bobcat T62 vs Caterpillar 246C: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $20,251 for the Caterpillar 246C. That's a $20,742 difference. Based on 46 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246C is the better value buy for most Canadian buyers, averaging $20,742 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 246C
SSL$20,251 CAD avg
$7,286
Low
$34,905
High
39
Sales
Avg 5,344 hours · 2007–2013 model years
Full price guide →What are the key differences between T62 and 246C?
- Price: The 246C is $20,742 cheaper on average (51% savings).
- Usage: Used T62s average 1,681 hours while 246Cs average 5,344 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 246C? Check current listings with Deal Scores.
Which is the better value: T62 or 246C?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246C if:
- You want lower upfront cost ($20,742 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 246C prices compare by year?
| Year | Bobcat T62 | Caterpillar 246C |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2013 | — | $27,179 (2) |
| 2012 | — | $23,133 (8) |
| 2011 | — | $15,420 (10) |
| 2010 | — | $25,021 (10) |
| 2008 | — | $11,542 (6) |
| 2007 | — | $25,566 (3) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 246C prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 246C |
|---|---|---|
| 0-999 hrs | — | $34,530 (2) |
| 1,000-1,999 hrs | $40,993 (7) | $27,768 (2) |
| 2,000-2,999 hrs | — | $14,406 (2) |
| 3,000-3,999 hrs | — | $22,295 (4) |
| 4,000+ hrs | — | $19,048 (27) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 246C in Canada?
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