Bobcat T650 vs Caterpillar 262D: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $6,955 difference. Based on 234 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D is the better value buy for most Canadian buyers, averaging $6,955 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 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →How do T650 and 262D specs compare?
| Spec | Bobcat T650 | Caterpillar 262D |
|---|---|---|
| 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 262D?
- Price: The 262D is $6,955 cheaper on average (20% savings).
- Usage: Used T650s average 3,044 hours while 262Ds average 3,845 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 262D? Check current listings with Deal Scores.
Which is the better value: T650 or 262D?
Choose the Bobcat T650 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262D if:
- You want lower upfront cost ($6,955 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 262D prices compare by year?
| Year | Bobcat T650 | Caterpillar 262D |
|---|---|---|
| 2020 | $58,633 (4) | — |
| 2019 | $35,061 (12) | $23,439 (4) |
| 2018 | $34,160 (14) | $26,302 (14) |
| 2017 | $39,602 (10) | $24,194 (16) |
| 2016 | $38,512 (28) | $31,259 (12) |
| 2015 | $36,931 (24) | $31,425 (17) |
| 2014 | $29,227 (21) | $23,830 (22) |
| 2013 | $32,758 (6) | $42,801 (4) |
| 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 262D prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $47,156 (4) |
| 1,000-1,999 hrs | $48,051 (18) | $34,947 (14) |
| 2,000-2,999 hrs | $37,011 (52) | $29,670 (18) |
| 3,000-3,999 hrs | $32,988 (36) | $24,712 (11) |
| 4,000+ hrs | $27,937 (26) | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 262D in Canada?
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