Bobcat T62 vs Caterpillar 289D: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $42,498 for the Caterpillar 289D. That's a $1,505 difference. Based on 180 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,505 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 289D
CTL$42,498 CAD avg
$15,938
Low
$85,752
High
173
Sales
Avg 4,178 hours · 2014–2019 model years
Full price guide →What are the key differences between T62 and 289D?
- Price: The T62 is $1,505 cheaper on average (4% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while 289D 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 289Ds average 4,178 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or 289D? Check current listings with Deal Scores.
Which is the better value: T62 or 289D?
Choose the Bobcat T62 if:
- You want lower upfront cost ($1,505 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 289D if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T62 and 289D prices compare by year?
| Year | Bobcat T62 | Caterpillar 289D |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2019 | — | $50,672 (14) |
| 2018 | — | $50,661 (16) |
| 2017 | — | $45,097 (34) |
| 2016 | — | $44,284 (36) |
| 2015 | — | $37,230 (45) |
| 2014 | — | $36,763 (28) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and 289D prices compare by hours?
| Hours | Bobcat T62 | Caterpillar 289D |
|---|---|---|
| 0-999 hrs | — | $73,797 (12) |
| 1,000-1,999 hrs | $40,993 (7) | $53,030 (4) |
| 2,000-2,999 hrs | — | $54,344 (17) |
| 3,000-3,999 hrs | — | $47,094 (50) |
| 4,000+ hrs | — | $32,996 (86) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or 289D in Canada?
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