Bobcat T650 vs Caterpillar 249D: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $25,776 for the Caterpillar 249D. That's a $8,482 difference. Based on 147 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 249D is the better value buy for most Canadian buyers, averaging $8,482 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 249D
CTL$25,776 CAD avg
$13,965
Low
$38,734
High
4
Sales
Avg 1,547 hours · 2016–2017 model years
Full price guide →How do T650 and 249D specs compare?
| Spec | Bobcat T650 | Caterpillar 249D |
|---|---|---|
| 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 249D?
- Price: The 249D is $8,482 cheaper on average (25% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while 249D 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 249Ds average 1,547 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 249D? Check current listings with Deal Scores.
Which is the better value: T650 or 249D?
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 249D if:
- You want lower upfront cost ($8,482 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 249D prices compare by year?
| Year | Bobcat T650 | Caterpillar 249D |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | — |
| 2018 | $34,160 (14) | — |
| 2017 | $39,602 (10) | $36,824 (2) |
| 2016 | $38,512 (28) | $14,729 (2) |
| 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 249D prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 249D |
|---|---|---|
| 0-999 hrs | $51,998 (2) | — |
| 1,000-1,999 hrs | $48,051 (18) | $36,824 (2) |
| 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 249D in Canada?
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