Bobcat T770 vs Caterpillar 232B2: Which Is the Better Value?
The Bobcat T770 averages $48,494 CAD at auction, compared to $11,328 for the Caterpillar 232B2. That's a $37,165 difference. Based on 159 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 232B2 is the better value buy for most Canadian buyers, averaging $37,165 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 232B2
SSL$11,328 CAD avg
$11,233
Low
$11,424
High
2
Sales
Avg 1,940 hours · 2008–2008 model years
Full price guide →How do T770 and 232B2 specs compare?
| Spec | Bobcat T770 | Caterpillar 232B2 |
|---|---|---|
| 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 232B2?
- Price: The 232B2 is $37,165 cheaper on average (77% savings).
- Track Type: T770 is a compact track loader (CTL) while 232B2 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 232B2s average 1,940 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T770 or 232B2? Check current listings with Deal Scores.
Which is the better value: T770 or 232B2?
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 232B2 if:
- You want lower upfront cost ($37,165 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T770 and 232B2 prices compare by year?
| Year | Bobcat T770 | Caterpillar 232B2 |
|---|---|---|
| 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) | — |
| 2008 | — | $11,328 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T770 and 232B2 prices compare by hours?
| Hours | Bobcat T770 | Caterpillar 232B2 |
|---|---|---|
| 0-999 hrs | $84,949 (14) | — |
| 1,000-1,999 hrs | $56,784 (51) | $11,328 (2) |
| 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 232B2 in Canada?
Bobcat T770
2018 Bobcat T770
1,800 hrs · Stratford
$58,000 CAD
2024 Bobcat T770
431 hrs · Fordwich
$97,000 CAD
2024 Bobcat T770
431 hrs · Fordwich
$97,000 CAD
2022 Bobcat T770
530 hrs · Prince George
$90,000 CAD
Caterpillar 232B2
No active listings right now.
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