Bobcat T650 vs Caterpillar 246D: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $26,085 for the Caterpillar 246D. That's a $8,174 difference. Based on 173 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $8,174 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 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →How do T650 and 246D specs compare?
| Spec | Bobcat T650 | Caterpillar 246D |
|---|---|---|
| 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 246D?
- Price: The 246D is $8,174 cheaper on average (24% savings).
- Usage: Used T650s average 3,044 hours while 246Ds average 5,024 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 246D? Check current listings with Deal Scores.
Which is the better value: T650 or 246D?
Choose the Bobcat T650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 246D if:
- You want lower upfront cost ($8,174 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 246D prices compare by year?
| Year | Bobcat T650 | Caterpillar 246D |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | $26,817 (4) |
| 2018 | $34,160 (14) | $25,143 (6) |
| 2017 | $39,602 (10) | $29,262 (2) |
| 2016 | $38,512 (28) | $18,027 (4) |
| 2015 | $36,931 (24) | $24,088 (6) |
| 2014 | $29,227 (21) | $25,777 (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 246D prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 246D |
|---|---|---|
| 0-999 hrs | $51,998 (2) | — |
| 1,000-1,999 hrs | $48,051 (18) | $28,287 (3) |
| 2,000-2,999 hrs | $37,011 (52) | $29,667 (3) |
| 3,000-3,999 hrs | $32,988 (36) | $28,910 (6) |
| 4,000+ hrs | $27,937 (26) | $24,179 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 246D in Canada?
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