Bobcat T650 vs Caterpillar 2022: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $0 for the Caterpillar 2022. That's a $34,259 difference. Based on 143 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 2022 is the better value buy for most Canadian buyers, averaging $34,259 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 →How do T650 and 2022 specs compare?
| Spec | Bobcat T650 | Caterpillar 2022 |
|---|---|---|
| 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 2022?
- Price: The 2022 is $34,259 cheaper on average (100% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while 2022 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 2022? Check current listings with Deal Scores.
Which is the better value: T650 or 2022?
Choose the Bobcat T650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 2022 if:
- You want lower upfront cost ($34,259 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 2022 prices compare by year?
| Year | Bobcat T650 | Caterpillar 2022 |
|---|---|---|
| 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) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and 2022 prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 2022 |
|---|---|---|
| 0-999 hrs | $51,998 (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 2022 in Canada?
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