Bobcat T770 vs Caterpillar 232B: Which Is the Better Value?
The Bobcat T770 averages $48,494 CAD at auction, compared to $18,440 for the Caterpillar 232B. That's a $30,053 difference. Based on 161 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 232B is the better value buy for most Canadian buyers, averaging $30,053 less than the T770.
Bobcat T770
CTL$48,494 CAD avg
$1,327
Low
$101,337
High
157
Sales
Avg 2,733 hours · 2011–2024 model years
Full price guide →Caterpillar 232B
SSL$18,440 CAD avg
$14,269
Low
$22,348
High
4
Sales
Avg 801 hours · 2005–2005 model years
Full price guide →How do T770 and 232B specs compare?
| Spec | Bobcat T770 | Caterpillar 232B |
|---|---|---|
| Horsepower | 92 hp | — |
| Rated Operating Capacity | 2,940 lbs | — |
| Operating Weight | 10,665 lbs | — |
| Lift Type | vertical | — |
| Frame Size | large | — |
| High Flow | 1 gpm | — |
What are the key differences between T770 and 232B?
- Price: The 232B is $30,053 cheaper on average (62% savings).
- Track Type: T770 is a compact track loader (CTL) while 232B is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T770s average 2,733 hours while 232Bs average 801 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T770 or 232B? Check current listings with Deal Scores.
Which is the better value: T770 or 232B?
Choose the Bobcat T770 if:
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 232B if:
- You want lower upfront cost ($30,053 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T770 and 232B prices compare by year?
| Year | Bobcat T770 | Caterpillar 232B |
|---|---|---|
| 2024 | $94,390 (4) | — |
| 2022 | $61,193 (18) | — |
| 2021 | $64,987 (9) | — |
| 2020 | $59,182 (15) | — |
| 2019 | $52,599 (23) | — |
| 2018 | $46,724 (14) | — |
| 2017 | $38,662 (14) | — |
| 2016 | $48,863 (6) | — |
| 2015 | $38,294 (6) | — |
| 2014 | $39,472 (18) | — |
| 2013 | $35,603 (10) | — |
| 2012 | $37,989 (12) | — |
| 2011 | $49,462 (4) | — |
| 2005 | — | $18,440 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T770 and 232B prices compare by hours?
| Hours | Bobcat T770 | Caterpillar 232B |
|---|---|---|
| 0-999 hrs | $84,949 (14) | $22,179 (2) |
| 1,000-1,999 hrs | $56,784 (51) | — |
| 2,000-2,999 hrs | $47,951 (23) | — |
| 3,000-3,999 hrs | $45,659 (29) | — |
| 4,000+ hrs | $31,411 (28) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T770 or 232B in Canada?
Bobcat T770
2019 Bobcat T770
4 hrs · Grande Prairie
$89,900 CAD
2019 Bobcat T770
1,690 hrs · Regina
$79,000 CAD
2018 Bobcat T770
1,800 hrs · Stratford
$58,000 CAD
2024 Bobcat T770
431 hrs · Fordwich
$97,000 CAD
Caterpillar 232B
No active listings right now.
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