Bobcat T66 vs Caterpillar 242D: Which Is the Better Value?
The Bobcat T66 averages $49,195 CAD at auction, compared to $23,555 for the Caterpillar 242D. That's a $25,640 difference. Based on 38 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242D is the better value buy for most Canadian buyers, averaging $25,640 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 242D
SSL$23,555 CAD avg
$10,018
Low
$34,666
High
12
Sales
Avg 3,839 hours · 2014–2018 model years
Full price guide →How do T66 and 242D specs compare?
| Spec | Bobcat T66 | Caterpillar 242D |
|---|---|---|
| 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 242D?
- Price: The 242D is $25,640 cheaper on average (52% savings).
- Track Type: T66 is a compact track loader (CTL) while 242D 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 242Ds average 3,839 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T66 or 242D? Check current listings with Deal Scores.
Which is the better value: T66 or 242D?
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 242D if:
- You want lower upfront cost ($25,640 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T66 and 242D prices compare by year?
| Year | Bobcat T66 | Caterpillar 242D |
|---|---|---|
| 2023 | $83,966 (4) | — |
| 2022 | $58,021 (6) | — |
| 2021 | $50,758 (10) | — |
| 2020 | $20,982 (4) | — |
| 2018 | — | $33,730 (2) |
| 2016 | — | $14,593 (2) |
| 2015 | — | $22,270 (4) |
| 2014 | — | $24,234 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T66 and 242D prices compare by hours?
| Hours | Bobcat T66 | Caterpillar 242D |
|---|---|---|
| 0-999 hrs | $78,430 (8) | — |
| 1,000-1,999 hrs | $48,291 (8) | — |
| 2,000-2,999 hrs | $43,298 (6) | $26,090 (6) |
| 3,000-3,999 hrs | — | $24,234 (4) |
| 4,000+ hrs | — | $14,593 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T66 or 242D in Canada?
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