Bobcat T650 vs Boxer 532D: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $14,953 for the Boxer 532D. That's a $19,305 difference. Based on 147 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Boxer 532D is the better value buy for most Canadian buyers, averaging $19,305 less than the T650.
Bobcat T650
SSL$34,259 CAD avg
$148
Low
$61,348
High
143
Sales
Avg 3,044 hours · 2010–2020 model years
Full price guide →Boxer 532D
$14,953 CAD avg
$14,572
Low
$15,787
High
4
Sales
Avg 855 hours · 2008–2008 model years
Full price guide →How do T650 and 532D specs compare?
| Spec | Bobcat T650 | Boxer 532D |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,570 lbs | — |
| Operating Weight | 9,185 lbs | — |
| Lift Type | radial | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between T650 and 532D?
- Price: The 532D is $19,305 cheaper on average (56% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while 532D is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T650s average 3,044 hours while 532Ds average 855 hours.
Both Bobcat and Boxer retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 532D? Check current listings with Deal Scores.
Which is the better value: T650 or 532D?
Choose the Bobcat T650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Boxer 532D if:
- You want lower upfront cost ($19,305 savings)
- You prefer Boxer's dealer network and parts availability
How do T650 and 532D prices compare by year?
| Year | Bobcat T650 | Boxer 532D |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | — |
| 2018 | $34,160 (14) | — |
| 2017 | $39,602 (10) | — |
| 2016 | $38,512 (28) | — |
| 2015 | $36,931 (24) | — |
| 2014 | $29,227 (21) | — |
| 2013 | $32,758 (6) | — |
| 2012 | $33,418 (6) | — |
| 2011 | $32,382 (8) | — |
| 2010 | $22,146 (6) | — |
| 2008 | — | $15,180 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and 532D prices compare by hours?
| Hours | Bobcat T650 | Boxer 532D |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $14,726 (2) |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | — |
| 3,000-3,999 hrs | $32,988 (36) | — |
| 4,000+ hrs | $27,937 (26) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 532D in Canada?
Bobcat T650
None Bobcat T650
2,260 hrs · Hamilton
$44,900 CAD
2015 Bobcat T650
3,837 hrs · Ottawa
$34,000 CAD
2016 Bobcat T650
2,260 hrs · Freelton
$44,900 CAD
2023 Bobcat T650
700 hrs · Brandon
$84,900 CAD
Boxer 532D
No active listings right now.
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