Bobcat T740 vs Caterpillar 118C: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $3,233 for the Caterpillar 118C. That's a $29,186 difference. Based on 65 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 118C is the better value buy for most Canadian buyers, averaging $29,186 less than the T740.
Bobcat T740
CTL$32,419 CAD avg
$17,940
Low
$51,616
High
31
Sales
Avg 2,678 hours · 2016–2021 model years
Full price guide →How do T740 and 118C specs compare?
| Spec | Bobcat T740 | Caterpillar 118C |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 2,400 lbs | — |
| Operating Weight | 9,375 lbs | — |
| Lift Type | vertical | — |
| Frame Size | mid | — |
| High Flow | 1 gpm | — |
What are the key differences between T740 and 118C?
- Price: The 118C is $29,186 cheaper on average (90% savings).
- Track Type: T740 is a compact track loader (CTL) while 118C is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 118C? Check current listings with Deal Scores.
Which is the better value: T740 or 118C?
Choose the Bobcat T740 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 118C if:
- You want lower upfront cost ($29,186 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T740 and 118C prices compare by year?
| Year | Bobcat T740 | Caterpillar 118C |
|---|---|---|
| 2022 | — | $4,891 (2) |
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | $4,200 (2) |
| 2018 | $38,071 (4) | $3,127 (2) |
| 2017 | $36,331 (6) | $2,189 (2) |
| 2016 | $32,017 (2) | — |
| 2014 | — | $2,032 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 118C prices compare by hours?
| Hours | Bobcat T740 | Caterpillar 118C |
|---|---|---|
| 0-999 hrs | $28,833 (2) | — |
| 1,000-1,999 hrs | $33,036 (7) | — |
| 2,000-2,999 hrs | $30,518 (11) | — |
| 3,000-3,999 hrs | $34,884 (5) | — |
| 4,000+ hrs | $37,048 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 118C in Canada?
Bobcat T740
2021 Bobcat T740
2,436 hrs · Sarnia
$57,700 CAD
2021 Bobcat T740
3,036 hrs · Barrie
$55,700 CAD
2021 Bobcat T740
1,736 hrs · Mississauga
$89,500 CAD
2016 Bobcat T740
3,004 hrs · Mississauga
$59,900 CAD
Caterpillar 118C
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat T740
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 118C
We'll send you current pricing and available units. No spam.