Bobcat T650 vs Caterpillar 262D3: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $34,933 for the Caterpillar 262D3. Based on 159 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $674 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →How do T650 and 262D3 specs compare?
| Spec | Bobcat T650 | Caterpillar 262D3 |
|---|---|---|
| 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 262D3?
- Usage: Used T650s average 3,044 hours while 262D3s average 3,424 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 262D3? Check current listings with Deal Scores.
Which is the better value: T650 or 262D3?
Choose the Bobcat T650 if:
- You want lower upfront cost ($674 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 262D3 prices compare by year?
| Year | Bobcat T650 | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | — | $36,845 (6) |
| 2020 | $58,633 (4) | $33,538 (6) |
| 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) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and 262D3 prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $22,080 (1) |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | $42,560 (6) |
| 3,000-3,999 hrs | $32,988 (36) | $30,387 (2) |
| 4,000+ hrs | $27,937 (26) | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 262D3 in Canada?
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