Bobcat T740 vs Caterpillar 246D: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $26,085 for the Caterpillar 246D. That's a $6,334 difference. Based on 61 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 246D is the better value buy for most Canadian buyers, averaging $6,334 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 246D
SSL$26,085 CAD avg
$13,661
Low
$38,709
High
30
Sales
Avg 5,024 hours · 2014–2019 model years
Full price guide →How do T740 and 246D specs compare?
| Spec | Bobcat T740 | Caterpillar 246D |
|---|---|---|
| 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 246D?
- Price: The 246D is $6,334 cheaper on average (20% savings).
- Track Type: T740 is a compact track loader (CTL) while 246D 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 246Ds average 5,024 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 246D? Check current listings with Deal Scores.
Which is the better value: T740 or 246D?
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 246D if:
- You want lower upfront cost ($6,334 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T740 and 246D prices compare by year?
| Year | Bobcat T740 | Caterpillar 246D |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | $26,817 (4) |
| 2018 | $38,071 (4) | $25,143 (6) |
| 2017 | $36,331 (6) | $29,262 (2) |
| 2016 | $32,017 (2) | $18,027 (4) |
| 2015 | — | $24,088 (6) |
| 2014 | — | $25,777 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 246D prices compare by hours?
| Hours | Bobcat T740 | Caterpillar 246D |
|---|---|---|
| 0-999 hrs | $28,833 (2) | — |
| 1,000-1,999 hrs | $33,036 (7) | $28,287 (3) |
| 2,000-2,999 hrs | $30,518 (11) | $29,667 (3) |
| 3,000-3,999 hrs | $34,884 (5) | $28,910 (6) |
| 4,000+ hrs | $37,048 (5) | $24,179 (18) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 246D in Canada?
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