Bobcat T650 vs Caterpillar 289D3: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $71,262 for the Caterpillar 289D3. That's a $37,003 difference. Based on 191 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T650 is the better value buy for most Canadian buyers, averaging $37,003 less than the 289D3.
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 289D3
CTL$71,262 CAD avg
$22,080
Low
$120,239
High
48
Sales
Avg 1,828 hours · 2019–2023 model years
Full price guide →How do T650 and 289D3 specs compare?
| Spec | Bobcat T650 | Caterpillar 289D3 |
|---|---|---|
| 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 289D3?
- Price: The T650 is $37,003 cheaper on average (52% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while 289D3 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 289D3s average 1,828 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or 289D3? Check current listings with Deal Scores.
Which is the better value: T650 or 289D3?
Choose the Bobcat T650 if:
- You want lower upfront cost ($37,003 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 289D3 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T650 and 289D3 prices compare by year?
| Year | Bobcat T650 | Caterpillar 289D3 |
|---|---|---|
| 2023 | — | $97,053 (22) |
| 2022 | — | $70,206 (6) |
| 2021 | — | $35,654 (6) |
| 2020 | $58,633 (4) | $43,561 (8) |
| 2019 | $35,061 (12) | $50,295 (6) |
| 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 289D3 prices compare by hours?
| Hours | Bobcat T650 | Caterpillar 289D3 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $97,397 (24) |
| 1,000-1,999 hrs | $48,051 (18) | $63,219 (4) |
| 2,000-2,999 hrs | $37,011 (52) | $44,780 (7) |
| 3,000-3,999 hrs | $32,988 (36) | $41,957 (10) |
| 4,000+ hrs | $27,937 (26) | $32,384 (3) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or 289D3 in Canada?
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