Bobcat T740 vs John Deere 324E: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $18,833 for the John Deere 324E. That's a $13,585 difference. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 324E is the better value buy for most Canadian buyers, averaging $13,585 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 →John Deere 324E
SSL$18,833 CAD avg
$9,563
Low
$27,141
High
6
Sales
Avg 1,328 hours · 2017–2017 model years
Full price guide →How do T740 and 324E specs compare?
| Spec | Bobcat T740 | John Deere 324E |
|---|---|---|
| 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 324E?
- Price: The 324E is $13,585 cheaper on average (42% savings).
- Track Type: T740 is a compact track loader (CTL) while 324E 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 324Es average 1,328 hours.
Both Bobcat and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 324E? Check current listings with Deal Scores.
Which is the better value: T740 or 324E?
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 John Deere 324E if:
- You want lower upfront cost ($13,585 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer John Deere's dealer network and parts availability
How do T740 and 324E prices compare by year?
| Year | Bobcat T740 | John Deere 324E |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | $18,833 (6) |
| 2016 | $32,017 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 324E prices compare by hours?
| Hours | Bobcat T740 | John Deere 324E |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $10,181 (2) |
| 1,000-1,999 hrs | $33,036 (7) | $25,714 (2) |
| 2,000-2,999 hrs | $30,518 (11) | $20,605 (2) |
| 3,000-3,999 hrs | $34,884 (5) | — |
| 4,000+ hrs | $37,048 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 324E in Canada?
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