Bobcat T64 vs Caterpillar 246B: Which Is the Better Value?
The Bobcat T64 averages $51,549 CAD at auction, compared to $20,827 for the Caterpillar 246B. That's a $30,721 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246B is the better value buy for most Canadian buyers, averaging $30,721 less than the T64.
Bobcat T64
CTL$51,549 CAD avg
$37,191
Low
$72,072
High
8
Sales
Avg 1,142 hours · 2020–2021 model years
Full price guide →Caterpillar 246B
SSL$20,827 CAD avg
$14,724
Low
$29,891
High
16
Sales
Avg 3,676 hours · 2004–2007 model years
Full price guide →What are the key differences between T64 and 246B?
- Price: The 246B is $30,721 cheaper on average (60% savings).
- Track Type: T64 is a compact track loader (CTL) while 246B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T64s average 1,142 hours while 246Bs average 3,676 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T64 or 246B? Check current listings with Deal Scores.
Which is the better value: T64 or 246B?
Choose the Bobcat T64 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246B if:
- You want lower upfront cost ($30,721 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T64 and 246B prices compare by year?
| Year | Bobcat T64 | Caterpillar 246B |
|---|---|---|
| 2021 | $59,516 (2) | — |
| 2020 | $48,894 (6) | — |
| 2007 | — | $20,147 (2) |
| 2005 | — | $19,591 (10) |
| 2004 | — | $24,258 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T64 and 246B prices compare by hours?
| Hours | Bobcat T64 | Caterpillar 246B |
|---|---|---|
| 0-999 hrs | $69,811 (2) | $28,987 (2) |
| 1,000-1,999 hrs | $45,462 (6) | $26,128 (2) |
| 3,000-3,999 hrs | — | $17,992 (2) |
| 4,000+ hrs | — | $18,332 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T64 or 246B in Canada?
Bobcat T64
2022 Bobcat T64
1,000 hrs · Strathcona County
$62,500 CAD
2022 Bobcat T64
685 hrs · Calgary
$66,000 CAD
2022 Bobcat T64
685 hrs · Saskatoon
$66,000 CAD
2022 Bobcat T64
N/A hrs · West Saint Paul
$66,000 CAD
Caterpillar 246B
No active listings right now.
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