Bobcat T66 vs Caterpillar 242B3: Which Is the Better Value?
The Bobcat T66 averages $49,195 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $22,866 difference. Based on 34 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B3 is the better value buy for most Canadian buyers, averaging $22,866 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 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 model years
Full price guide →How do T66 and 242B3 specs compare?
| Spec | Bobcat T66 | Caterpillar 242B3 |
|---|---|---|
| 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 242B3?
- Price: The 242B3 is $22,866 cheaper on average (46% savings).
- Track Type: T66 is a compact track loader (CTL) while 242B3 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 242B3s average 1,852 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T66 or 242B3? Check current listings with Deal Scores.
Which is the better value: T66 or 242B3?
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 242B3 if:
- You want lower upfront cost ($22,866 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T66 and 242B3 prices compare by year?
| Year | Bobcat T66 | Caterpillar 242B3 |
|---|---|---|
| 2023 | $83,966 (4) | — |
| 2022 | $58,021 (6) | — |
| 2021 | $50,758 (10) | — |
| 2020 | $20,982 (4) | — |
| 2013 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T66 and 242B3 prices compare by hours?
| Hours | Bobcat T66 | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | $78,430 (8) | $26,032 (2) |
| 1,000-1,999 hrs | $48,291 (8) | $25,297 (4) |
| 2,000-2,999 hrs | $43,298 (6) | — |
| 4,000+ hrs | — | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T66 or 242B3 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 242B3
No active listings right now.
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