Bobcat T740 vs New Holland C245: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $73,780 for the New Holland C245. That's a $41,361 difference. Power-wise, the T740 offers 74 HP versus the C245's 90 HP. The T740 has 2,400 lb rated operating capacity vs 4,500 lb for the C245. Based on 37 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Bobcat T740 is the better value buy for most Canadian buyers, averaging $41,361 less than the C245. The C245 is worth the premium if you specifically need the extra 16 HP or the higher 4,500 lb lifting capacity .
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 →New Holland C245
CTL$73,780 CAD avg
$59,960
Low
$98,042
High
6
Sales
Avg 1,061 hours · 2018–2019 model years
Full price guide →How do T740 and C245 specs compare?
| Spec | Bobcat T740 | New Holland C245 |
|---|---|---|
| Horsepower | 74 hp | 90 hp |
| Rated Operating Capacity | 2,400 lbs | 4,500 lbs |
| Operating Weight | 9,375 lbs | 12,920 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | large |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T740 and C245?
- Price: The T740 is $41,361 cheaper on average (56% savings).
- Power: The C245 has 16 more horsepower (90 HP vs 74 HP).
- Lifting Capacity: The C245 lifts 2100 lbs more (4,500 lb ROC).
- Usage: Used T740s average 2,678 hours while C245s average 1,061 hours.
Both Bobcat and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or C245? Check current listings with Deal Scores.
Which is the better value: T740 or C245?
Choose the Bobcat T740 if:
- You want lower upfront cost ($41,361 savings)
- You prefer Bobcat's dealer network and parts availability
Choose the New Holland C245 if:
- You need more power (90 HP)
- You need higher lifting capacity (4,500 lbs)
- You prefer New Holland's dealer network and parts availability
How do T740 and C245 prices compare by year?
| Year | Bobcat T740 | New Holland C245 |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2019 | $30,554 (18) | $93,043 (2) |
| 2018 | $38,071 (4) | $64,742 (2) |
| 2017 | $36,331 (6) | — |
| 2016 | $32,017 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and C245 prices compare by hours?
| Hours | Bobcat T740 | New Holland C245 |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $93,043 (2) |
| 1,000-1,999 hrs | $33,036 (7) | $64,149 (4) |
| 2,000-2,999 hrs | $30,518 (11) | — |
| 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 C245 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
New Holland C245
No active listings right now.
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