Bobcat T62 vs Caterpillar 262C: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $24,650 for the Caterpillar 262C. That's a $16,342 difference. Based on 65 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262C is the better value buy for most Canadian buyers, averaging $16,342 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 262C
SSL$24,650 CAD avg
$8,652
Low
$42,504
High
58
Sales
Avg 5,083 hours · 2007–2013 model years
Full price guide →What are the key differences between T62 and 262C?
- Price: The 262C is $16,342 cheaper on average (40% savings).
- Usage: Used T62s average 1,681 hours while 262Cs average 5,083 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 262C? Check current listings with Deal Scores.
Which is the better value: T62 or 262C?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262C if:
- You want lower upfront cost ($16,342 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 262C prices compare by year?
| Year | Bobcat T62 | Caterpillar 262C |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2013 | — | $30,390 (12) |
| 2012 | — | $27,868 (12) |
| 2011 | — | $22,886 (8) |
| 2010 | — | $15,881 (4) |
| 2009 | — | $22,832 (6) |
| 2008 | — | $20,450 (10) |
| 2007 | — | $28,880 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 262C prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 262C |
|---|---|---|
| 1,000-1,999 hrs | $40,993 (7) | — |
| 2,000-2,999 hrs | — | $38,662 (4) |
| 3,000-3,999 hrs | — | $29,756 (14) |
| 4,000+ hrs | — | $22,126 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 262C in Canada?
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