Bobcat T650 vs Caterpillar 256C: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $23,179 for the Caterpillar 256C. That's a $11,079 difference. Based on 151 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 256C is the better value buy for most Canadian buyers, averaging $11,079 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 256C
CTL$23,179 CAD avg
$12,447
Low
$36,354
High
8
Sales
Avg 6,922 hours · 2007–2010 model years
Full price guide →How do T650 and 256C specs compare?
| Spec | Bobcat T650 | Caterpillar 256C |
|---|---|---|
| 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 256C?
- Price: The 256C is $11,079 cheaper on average (32% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while 256C 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 256Cs average 6,922 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 256C? Check current listings with Deal Scores.
Which is the better value: T650 or 256C?
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 256C if:
- You want lower upfront cost ($11,079 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 256C prices compare by year?
| Year | Bobcat T650 | Caterpillar 256C |
|---|---|---|
| 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) | $22,336 (4) |
| 2008 | — | $35,254 (2) |
| 2007 | — | $12,791 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and 256C prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 256C |
|---|---|---|
| 0-999 hrs | $51,998 (2) | — |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | $35,254 (2) |
| 3,000-3,999 hrs | $32,988 (36) | — |
| 4,000+ hrs | $27,937 (26) | $17,180 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 256C 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 256C
No active listings right now.
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