Bobcat T66 vs Caterpillar 242B: Which Is the Better Value?
The Bobcat T66 averages $49,195 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $30,430 difference. Based on 48 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $30,430 less than the T66.
Bobcat T66
CTL$49,195 CAD avg
$948
Low
$104,326
High
26
Sales
Avg 1,327 hours · 2020–2023 model years
Full price guide →Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →How do T66 and 242B specs compare?
| Spec | Bobcat T66 | Caterpillar 242B |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 3,500 lbs | — |
| Operating Weight | 8,927 lbs | — |
| Lift Type | vertical | — |
| Frame Size | large | — |
| High Flow | 1 gpm | — |
What are the key differences between T66 and 242B?
- Price: The 242B is $30,430 cheaper on average (62% savings).
- Track Type: T66 is a compact track loader (CTL) while 242B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T66s average 1,327 hours while 242Bs average 3,523 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T66 or 242B? Check current listings with Deal Scores.
Which is the better value: T66 or 242B?
Choose the Bobcat T66 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B if:
- You want lower upfront cost ($30,430 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T66 and 242B prices compare by year?
| Year | Bobcat T66 | Caterpillar 242B |
|---|---|---|
| 2023 | $83,966 (4) | — |
| 2022 | $58,021 (6) | — |
| 2021 | $50,758 (10) | — |
| 2020 | $20,982 (4) | — |
| 2013 | — | $17,396 (2) |
| 2012 | — | $19,401 (2) |
| 2008 | — | $29,111 (2) |
| 2006 | — | $27,942 (2) |
| 2005 | — | $16,962 (10) |
| 2004 | — | $13,874 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T66 and 242B prices compare by hours?
| Hours | Bobcat T66 | Caterpillar 242B |
|---|---|---|
| 0-999 hrs | $78,430 (8) | — |
| 1,000-1,999 hrs | $48,291 (8) | $19,840 (4) |
| 2,000-2,999 hrs | $43,298 (6) | $24,793 (4) |
| 4,000+ hrs | — | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T66 or 242B in Canada?
Bobcat T66
2023 Bobcat T66
771 hrs · Chemainus
$69,900 CAD
2022 Bobcat T66
905 hrs · Winnipeg
$89,000 CAD
2021 Bobcat T66
N/A hrs · Surrey
$61,500 CAD
2024 Bobcat T66
651 hrs · Etobicoke
$65,000 CAD
Caterpillar 242B
No active listings right now.
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