Bobcat T62 vs Caterpillar 287B: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $27,750 for the Caterpillar 287B. That's a $13,242 difference. Based on 41 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 287B is the better value buy for most Canadian buyers, averaging $13,242 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 287B
CTL$27,750 CAD avg
$13,358
Low
$51,476
High
34
Sales
Avg 3,014 hours · 2004–2007 model years
Full price guide →What are the key differences between T62 and 287B?
- Price: The 287B is $13,242 cheaper on average (32% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while 287B 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 287Bs average 3,014 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 287B? Check current listings with Deal Scores.
Which is the better value: T62 or 287B?
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 287B if:
- You want lower upfront cost ($13,242 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 287B prices compare by year?
| Year | Bobcat T62 | Caterpillar 287B |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2007 | — | $19,348 (8) |
| 2006 | — | $33,743 (12) |
| 2005 | — | $25,557 (12) |
| 2004 | — | $38,560 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 287B prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 287B |
|---|---|---|
| 0-999 hrs | — | $37,198 (6) |
| 1,000-1,999 hrs | $40,993 (7) | — |
| 2,000-2,999 hrs | — | $34,364 (6) |
| 3,000-3,999 hrs | — | $32,614 (6) |
| 4,000+ hrs | — | $19,728 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 287B 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 287B
No active listings right now.
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