Bobcat T62 vs Caterpillar 289C2: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $38,274 for the Caterpillar 289C2. That's a $2,719 difference. Based on 47 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,719 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 289C2
CTL$38,274 CAD avg
$25,805
Low
$66,776
High
40
Sales
Avg 4,103 hours · 2009–2013 model years
Full price guide →What are the key differences between T62 and 289C2?
- Price: The 289C2 is $2,719 cheaper on average (7% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while 289C2 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 289C2s average 4,103 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 289C2? Check current listings with Deal Scores.
Which is the better value: T62 or 289C2?
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 289C2 if:
- You want lower upfront cost ($2,719 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 289C2 prices compare by year?
| Year | Bobcat T62 | Caterpillar 289C2 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2013 | — | $37,077 (22) |
| 2012 | — | $41,430 (16) |
| 2009 | — | $26,184 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 289C2 prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 289C2 |
|---|---|---|
| 1,000-1,999 hrs | $40,993 (7) | $55,462 (4) |
| 2,000-2,999 hrs | — | $39,167 (6) |
| 3,000-3,999 hrs | — | $38,984 (10) |
| 4,000+ hrs | — | $34,778 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 289C2 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 289C2
No active listings right now.
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