Bobcat T62 vs Caterpillar 256C: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $23,179 for the Caterpillar 256C. That's a $17,813 difference. Based on 15 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 256C is the better value buy for most Canadian buyers, averaging $17,813 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 256C
CTL$23,179 CAD avg
$12,447
Low
$36,354
High
8
Sales
Avg 6,922 hours · 2007–2010 model years
Full price guide →What are the key differences between T62 and 256C?
- Price: The 256C is $17,813 cheaper on average (43% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while 256C is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T62s average 1,681 hours while 256Cs average 6,922 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 256C? Check current listings with Deal Scores.
Which is the better value: T62 or 256C?
Choose the Bobcat T62 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 256C if:
- You want lower upfront cost ($17,813 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 256C prices compare by year?
| Year | Bobcat T62 | Caterpillar 256C |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2010 | — | $22,336 (4) |
| 2008 | — | $35,254 (2) |
| 2007 | — | $12,791 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 256C prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 256C |
|---|---|---|
| 1,000-1,999 hrs | $40,993 (7) | — |
| 2,000-2,999 hrs | — | $35,254 (2) |
| 4,000+ hrs | — | $17,180 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 256C 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 256C
No active listings right now.
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