Bobcat T76 vs Caterpillar 242B: Which Is the Better Value?
The Bobcat T76 averages $66,232 CAD at auction, compared to $18,764 for the Caterpillar 242B. That's a $47,467 difference. Based on 43 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $47,467 less than the T76.
Bobcat T76
CTL$66,232 CAD avg
$33,396
Low
$108,939
High
21
Sales
Avg 1,066 hours · 2020–2023 model years
Full price guide →Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →How do T76 and 242B specs compare?
| Spec | Bobcat T76 | Caterpillar 242B |
|---|---|---|
| Horsepower | 74 hp | — |
| Rated Operating Capacity | 4,143 lbs | — |
| Operating Weight | 10,250 lbs | — |
| Lift Type | vertical | — |
| Frame Size | large | — |
| High Flow | 1 gpm | — |
What are the key differences between T76 and 242B?
- Price: The 242B is $47,467 cheaper on average (72% savings).
- Track Type: T76 is a compact track loader (CTL) while 242B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T76s average 1,066 hours while 242Bs average 3,523 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T76 or 242B? Check current listings with Deal Scores.
Which is the better value: T76 or 242B?
Choose the Bobcat T76 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B if:
- You want lower upfront cost ($47,467 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T76 and 242B prices compare by year?
| Year | Bobcat T76 | Caterpillar 242B |
|---|---|---|
| 2023 | $79,990 (2) | — |
| 2022 | $72,635 (8) | — |
| 2021 | $52,494 (7) | — |
| 2020 | $70,585 (4) | — |
| 2013 | — | $17,396 (2) |
| 2012 | — | $19,401 (2) |
| 2008 | — | $29,111 (2) |
| 2006 | — | $27,942 (2) |
| 2005 | — | $16,962 (10) |
| 2004 | — | $13,874 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T76 and 242B prices compare by hours?
| Hours | Bobcat T76 | Caterpillar 242B |
|---|---|---|
| 0-999 hrs | $72,933 (8) | — |
| 1,000-1,999 hrs | $69,730 (10) | $19,840 (4) |
| 2,000-2,999 hrs | $34,349 (2) | $24,793 (4) |
| 4,000+ hrs | — | $21,238 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T76 or 242B in Canada?
Bobcat T76
2023 Bobcat T76
1,417 hrs · Saskatoon
$72,000 CAD
2026 Bobcat T76
N/A hrs · Lethbridge
$145,900 CAD
2022 Bobcat T76
14 hrs · La Crête
$138,500 CAD
2021 Bobcat T76
852 hrs · Regina
$82,900 CAD
Caterpillar 242B
No active listings right now.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Bobcat T76
We'll send you current pricing and available units. No spam.
Get a Price Quote on Caterpillar 242B
We'll send you current pricing and available units. No spam.