Bobcat T740 vs Caterpillar 262B: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $18,443 for the Caterpillar 262B. That's a $13,975 difference. Based on 51 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262B is the better value buy for most Canadian buyers, averaging $13,975 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 262B
SSL$18,443 CAD avg
$11,840
Low
$26,564
High
20
Sales
Avg 4,186 hours · 2004–2007 model years
Full price guide →How do T740 and 262B specs compare?
| Spec | Bobcat T740 | Caterpillar 262B |
|---|---|---|
| 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 262B?
- Price: The 262B is $13,975 cheaper on average (43% savings).
- Track Type: T740 is a compact track loader (CTL) while 262B 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 262Bs average 4,186 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 262B? Check current listings with Deal Scores.
Which is the better value: T740 or 262B?
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 262B if:
- You want lower upfront cost ($13,975 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T740 and 262B prices compare by year?
| Year | Bobcat T740 | Caterpillar 262B |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | — |
| 2007 | — | $19,357 (2) |
| 2006 | — | $16,135 (10) |
| 2005 | — | $21,753 (6) |
| 2004 | — | $19,143 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 262B prices compare by hours?
| Hours | Bobcat T740 | Caterpillar 262B |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $22,441 (2) |
| 1,000-1,999 hrs | $33,036 (7) | — |
| 2,000-2,999 hrs | $30,518 (11) | $19,614 (2) |
| 3,000-3,999 hrs | $34,884 (5) | $19,357 (2) |
| 4,000+ hrs | $37,048 (5) | $16,410 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 262B 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 262B
No active listings right now.
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