Bobcat T740 vs Caterpillar 262D: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $27,304 for the Caterpillar 262D. That's a $5,114 difference. Based on 122 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 262D is the better value buy for most Canadian buyers, averaging $5,114 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 262D
SSL$27,304 CAD avg
$11,233
Low
$53,070
High
91
Sales
Avg 3,845 hours · 2013–2019 model years
Full price guide →How do T740 and 262D specs compare?
| Spec | Bobcat T740 | Caterpillar 262D |
|---|---|---|
| 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 262D?
- Price: The 262D is $5,114 cheaper on average (16% savings).
- Track Type: T740 is a compact track loader (CTL) while 262D 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 262Ds average 3,845 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 262D? Check current listings with Deal Scores.
Which is the better value: T740 or 262D?
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 262D if:
- You want lower upfront cost ($5,114 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T740 and 262D prices compare by year?
| Year | Bobcat T740 | Caterpillar 262D |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | $23,439 (4) |
| 2018 | $38,071 (4) | $26,302 (14) |
| 2017 | $36,331 (6) | $24,194 (16) |
| 2016 | $32,017 (2) | $31,259 (12) |
| 2015 | — | $31,425 (17) |
| 2014 | — | $23,830 (22) |
| 2013 | — | $42,801 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 262D prices compare by hours?
| Hours | Bobcat T740 | Caterpillar 262D |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $47,156 (4) |
| 1,000-1,999 hrs | $33,036 (7) | $34,947 (14) |
| 2,000-2,999 hrs | $30,518 (11) | $29,670 (18) |
| 3,000-3,999 hrs | $34,884 (5) | $24,712 (11) |
| 4,000+ hrs | $37,048 (5) | $22,850 (38) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 262D in Canada?
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