Bobcat T740 vs Caterpillar 226B3: Which Is the Better Value?

| Based on 50 verified Canadian auction sales

The Bobcat T740 averages $32,419 CAD at auction, compared to $16,707 for the Caterpillar 226B3. That's a $15,712 difference. Based on 50 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.

The Verdict

The Caterpillar 226B3 is the better value buy for most Canadian buyers, averaging $15,712 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 →

Caterpillar 226B3

SSL

$16,707 CAD avg

$10,018

Low

$38,709

High

19

Sales

Avg 4,434 hours · 2011–2015 model years

Full price guide →

How do T740 and 226B3 specs compare?

Bobcat T740 vs Caterpillar 226B3 specifications comparison
Spec Bobcat T740 Caterpillar 226B3
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 226B3?

  • Price: The 226B3 is $15,712 cheaper on average (48% savings).
  • Track Type: T740 is a compact track loader (CTL) while 226B3 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
  • Usage: Used T740s average 2,678 hours while 226B3s average 4,434 hours.

Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.

Looking for a T740 or 226B3? Check current listings with Deal Scores.

Which is the better value: T740 or 226B3?

Choose the Bobcat T740 if:

  • You work on soft ground, mud, or uneven terrain
  • You prefer Bobcat's dealer network and parts availability

How do T740 and 226B3 prices compare by year?

Bobcat T740 vs Caterpillar 226B3 prices by model year (CAD)
Year Bobcat T740 Caterpillar 226B3
2021 $20,700 (1)
2019 $30,554 (18)
2018 $38,071 (4)
2017 $36,331 (6)
2016 $32,017 (2)
2015 $13,736 (3)
2014 $26,522 (6)
2012 $11,578 (8)
2011 $12,230 (2)

Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.

How do T740 and 226B3 prices compare by hours?

Bobcat T740 vs Caterpillar 226B3 prices by hours (CAD)
Hours Bobcat T740 Caterpillar 226B3
0-999 hrs $28,833 (2) $38,468 (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) $14,084 (9)
4,000+ hrs $37,048 (5) $14,576 (6)

Hours matter more than age for resale value. See our hours vs age analysis.

Where can I buy a T740 or 226B3 in Canada?

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