Bobcat T650 vs Caterpillar 242D: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $10,703 difference. Based on 155 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $10,703 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 →Caterpillar 242D
SSL$23,555 CAD avg
$10,018
Low
$34,666
High
12
Sales
Avg 3,839 hours · 2014–2018 model years
Full price guide →How do T650 and 242D specs compare?
| Spec | Bobcat T650 | Caterpillar 242D |
|---|---|---|
| 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 242D?
- Price: The 242D is $10,703 cheaper on average (31% savings).
- Usage: Used T650s average 3,044 hours while 242Ds average 3,839 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 242D? Check current listings with Deal Scores.
Which is the better value: T650 or 242D?
Choose the Bobcat T650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242D if:
- You want lower upfront cost ($10,703 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 242D prices compare by year?
| Year | Bobcat T650 | Caterpillar 242D |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | — |
| 2018 | $34,160 (14) | $33,730 (2) |
| 2017 | $39,602 (10) | — |
| 2016 | $38,512 (28) | $14,593 (2) |
| 2015 | $36,931 (24) | $22,270 (4) |
| 2014 | $29,227 (21) | $24,234 (4) |
| 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 242D prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 242D |
|---|---|---|
| 0-999 hrs | $51,998 (2) | — |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | $26,090 (6) |
| 3,000-3,999 hrs | $32,988 (36) | $24,234 (4) |
| 4,000+ hrs | $27,937 (26) | $14,593 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 242D in Canada?
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat T650
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 242D
We'll send you current pricing and available units. No spam.