Bobcat T740 vs Caterpillar 262D3: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $34,933 for the Caterpillar 262D3. That's a $2,514 difference. Based on 47 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,514 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →How do T740 and 262D3 specs compare?
| Spec | Bobcat T740 | Caterpillar 262D3 |
|---|---|---|
| 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 262D3?
- Price: The T740 is $2,514 cheaper on average (7% savings).
- Track Type: T740 is a compact track loader (CTL) while 262D3 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 262D3s average 3,424 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 262D3? Check current listings with Deal Scores.
Which is the better value: T740 or 262D3?
Choose the Bobcat T740 if:
- You want lower upfront cost ($2,514 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T740 and 262D3 prices compare by year?
| Year | Bobcat T740 | Caterpillar 262D3 |
|---|---|---|
| 2024 | — | $22,080 (1) |
| 2023 | — | $40,026 (2) |
| 2022 | — | $34,500 (1) |
| 2021 | $20,700 (1) | $36,845 (6) |
| 2020 | — | $33,538 (6) |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 262D3 prices compare by hours?
| Hours | Bobcat T740 | Caterpillar 262D3 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $22,080 (1) |
| 1,000-1,999 hrs | $33,036 (7) | — |
| 2,000-2,999 hrs | $30,518 (11) | $42,560 (6) |
| 3,000-3,999 hrs | $34,884 (5) | $30,387 (2) |
| 4,000+ hrs | $37,048 (5) | $31,531 (7) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 262D3 in Canada?
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