Bobcat T62 vs New Holland C245: Which Is the Better Value?
The Bobcat T62 averages $40,993 CAD at auction, compared to $73,780 for the New Holland C245. That's a $32,787 difference. Based on 13 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T62 is the better value buy for most Canadian buyers, averaging $32,787 less than the C245.
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 →New Holland C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do T62 and C245 specs compare?
| Spec | Bobcat T62 | New Holland C245 |
|---|---|---|
| Horsepower | — | 90 hp |
| Rated Operating Capacity | — | 4,500 lbs |
| Operating Weight | — | 12,920 lbs |
| Lift Type | — | vertical |
| Frame Size | — | large |
| High Flow | — | 1 gpm |
What are the key differences between T62 and C245?
- Price: The T62 is $32,787 cheaper on average (44% savings).
- Track Type: T62 is a wheeled skid steer (SSL) while C245 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 C245s average 1,061 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T62 or C245? Check current listings with Deal Scores.
Which is the better value: T62 or C245?
Choose the Bobcat T62 if:
- You want lower upfront cost ($32,787 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C245 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do T62 and C245 prices compare by year?
| Year | Bobcat T62 | New Holland C245 |
|---|---|---|
| 2022 | $31,118 (1) | — |
| 2021 | $42,639 (6) | — |
| 2019 | — | $93,043 (2) |
| 2018 | — | $64,742 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T62 and C245 prices compare by hours?
| Hours | Bobcat T62 | New Holland C245 |
|---|---|---|
| 0-999 hrs | — | $93,043 (2) |
| 1,000-1,999 hrs | $40,993 (7) | $64,149 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T62 or C245 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
New Holland C245
No active listings right now.
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