Bobcat T62 vs Caterpillar 257B: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $24,517 for the Caterpillar 257B. That's a $16,476 difference. Based on 51 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 257B is the better value buy for most Canadian buyers, averaging $16,476 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 257B
CTL$24,517 CAD avg
$14,117
Low
$40,227
High
44
Sales
Avg 3,222 hours · 2004–2012 model years
Full price guide →What are the key differences between T62 and 257B?
- Price: The 257B is $16,476 cheaper on average (40% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while 257B 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 257Bs average 3,222 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 257B? Check current listings with Deal Scores.
Which is the better value: T62 or 257B?
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 257B if:
- You want lower upfront cost ($16,476 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 257B prices compare by year?
| Year | Bobcat T62 | Caterpillar 257B |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2012 | — | $29,982 (2) |
| 2010 | — | $24,913 (6) |
| 2007 | — | $26,812 (10) |
| 2006 | — | $25,899 (6) |
| 2005 | — | $22,967 (8) |
| 2004 | — | $21,837 (12) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 257B prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 257B |
|---|---|---|
| 1,000-1,999 hrs | $40,993 (7) | $25,467 (10) |
| 2,000-2,999 hrs | — | $23,790 (12) |
| 3,000-3,999 hrs | — | $19,668 (4) |
| 4,000+ hrs | — | $26,123 (14) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 257B in Canada?
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