Bobcat T650 vs Mustang TL25: Which Is the Better Value?
The Bobcat T650 averages $34,259 CAD at auction, compared to $27,822 for the Mustang TL25. That's a $6,437 difference. Based on 149 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Mustang TL25 is the better value buy for most Canadian buyers, averaging $6,437 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 →Mustang TL25
CTL$27,822 CAD avg
$21,831
Low
$37,191
High
6
Sales
Avg 2,704 hours · 2004–2005 model years
Full price guide →How do T650 and TL25 specs compare?
| Spec | Bobcat T650 | Mustang TL25 |
|---|---|---|
| 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 TL25?
- Price: The TL25 is $6,437 cheaper on average (19% savings).
- Track Type: T650 is a wheeled skid steer (SSL) while TL25 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 TL25s average 2,704 hours.
Both Bobcat and Mustang retain value well. See our depreciation guide for brand rankings.
Looking for a T650 or TL25? Check current listings with Deal Scores.
Which is the better value: T650 or TL25?
Choose the Bobcat T650 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Mustang TL25 if:
- You want lower upfront cost ($6,437 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Mustang's dealer network and parts availability
How do T650 and TL25 prices compare by year?
| Year | Bobcat T650 | Mustang TL25 |
|---|---|---|
| 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) | — |
| 2005 | — | $21,921 (2) |
| 2004 | — | $30,772 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T650 and TL25 prices compare by hours?
| Hours | Bobcat T650 | Mustang TL25 |
|---|---|---|
| 0-999 hrs | $51,998 (2) | $21,921 (2) |
| 1,000-1,999 hrs | $48,051 (18) | — |
| 2,000-2,999 hrs | $37,011 (52) | $24,569 (2) |
| 3,000-3,999 hrs | $32,988 (36) | — |
| 4,000+ hrs | $27,937 (26) | $36,976 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T650 or TL25 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
Mustang TL25
No active listings right now.
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