Bobcat T62 vs Caterpillar 246D: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $26,085 for the Caterpillar 246D. That's a $14,908 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $14,908 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 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →What are the key differences between T62 and 246D?
- Price: The 246D is $14,908 cheaper on average (36% savings).
- Usage: Used T62s average 1,681 hours while 246Ds average 5,024 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 246D? Check current listings with Deal Scores.
Which is the better value: T62 or 246D?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246D if:
- You want lower upfront cost ($14,908 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 246D prices compare by year?
| Year | Bobcat T62 | Caterpillar 246D |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2019 | — | $26,817 (4) |
| 2018 | — | $25,143 (6) |
| 2017 | — | $29,262 (2) |
| 2016 | — | $18,027 (4) |
| 2015 | — | $24,088 (6) |
| 2014 | — | $25,777 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 246D prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 246D |
|---|---|---|
| 1,000-1,999 hrs | $40,993 (7) | $28,287 (3) |
| 2,000-2,999 hrs | — | $29,667 (3) |
| 3,000-3,999 hrs | — | $28,910 (6) |
| 4,000+ hrs | — | $24,179 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 246D in Canada?
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