Bobcat T650 vs Caterpillar 247B: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $12,924 difference. Based on 153 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 247B is the better value buy for most Canadian buyers, averaging $12,924 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 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →How do T650 and 247B specs compare?
| Spec | Bobcat T650 | Caterpillar 247B |
|---|---|---|
| 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 247B?
- Price: The 247B is $12,924 cheaper on average (38% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while 247B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T650s average 3,044 hours while 247Bs average 3,652 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 247B? Check current listings with Deal Scores.
Which is the better value: T650 or 247B?
Choose the Bobcat T650 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 247B if:
- You want lower upfront cost ($12,924 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 247B prices compare by year?
| Year | Bobcat T650 | Caterpillar 247B |
|---|---|---|
| 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) | — |
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and 247B prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 247B |
|---|---|---|
| 0-999 hrs | $51,998 (2) | — |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | $24,225 (4) |
| 3,000-3,999 hrs | $32,988 (36) | $28,444 (2) |
| 4,000+ hrs | $27,937 (26) | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 247B 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
Caterpillar 247B
No active listings right now.
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