Bobcat T62 vs Caterpillar 262D: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $13,689 difference. Based on 98 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D is the better value buy for most Canadian buyers, averaging $13,689 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 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →What are the key differences between T62 and 262D?
- Price: The 262D is $13,689 cheaper on average (33% savings).
- Usage: Used T62s average 1,681 hours while 262Ds average 3,845 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 262D? Check current listings with Deal Scores.
Which is the better value: T62 or 262D?
Choose the Bobcat T62 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262D if:
- You want lower upfront cost ($13,689 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 262D prices compare by year?
| Year | Bobcat T62 | Caterpillar 262D |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2019 | — | $23,439 (4) |
| 2018 | — | $26,302 (14) |
| 2017 | — | $24,194 (16) |
| 2016 | — | $31,259 (12) |
| 2015 | — | $31,425 (17) |
| 2014 | — | $23,830 (22) |
| 2013 | — | $42,801 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 262D prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | — | $47,156 (4) |
| 1,000-1,999 hrs | $40,993 (7) | $34,947 (14) |
| 2,000-2,999 hrs | — | $29,670 (18) |
| 3,000-3,999 hrs | — | $24,712 (11) |
| 4,000+ hrs | — | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 262D in Canada?
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