Bobcat T740 vs Caterpillar 246C: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $20,251 for the Caterpillar 246C. That's a $12,168 difference. Based on 70 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246C is the better value buy for most Canadian buyers, averaging $12,168 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 246C
SSL$20,251 CAD avg
$7,286
Low
$34,905
High
39
Sales
Avg 5,344 hours · 2007–2013 model years
Full price guide →How do T740 and 246C specs compare?
| Spec | Bobcat T740 | Caterpillar 246C |
|---|---|---|
| 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 246C?
- Price: The 246C is $12,168 cheaper on average (38% savings).
- Track Type: T740 is a compact track loader (CTL) while 246C 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 246Cs average 5,344 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 246C? Check current listings with Deal Scores.
Which is the better value: T740 or 246C?
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 246C if:
- You want lower upfront cost ($12,168 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T740 and 246C prices compare by year?
| Year | Bobcat T740 | Caterpillar 246C |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | — |
| 2013 | — | $27,179 (2) |
| 2012 | — | $23,133 (8) |
| 2011 | — | $15,420 (10) |
| 2010 | — | $25,021 (10) |
| 2008 | — | $11,542 (6) |
| 2007 | — | $25,566 (3) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 246C prices compare by hours?
| Hours | Bobcat T740 | Caterpillar 246C |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $34,530 (2) |
| 1,000-1,999 hrs | $33,036 (7) | $27,768 (2) |
| 2,000-2,999 hrs | $30,518 (11) | $14,406 (2) |
| 3,000-3,999 hrs | $34,884 (5) | $22,295 (4) |
| 4,000+ hrs | $37,048 (5) | $19,048 (27) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 246C in Canada?
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