Bobcat T770 vs Caterpillar 242D3: Which Is the Better Value?
The Bobcat T770 averages $48,494 CAD at auction, compared to $46,506 for the Caterpillar 242D3. That's a $1,987 difference. Based on 166 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $1,987 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
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 242D3
SSL$46,506 CAD avg
$11,040
Low
$74,888
High
9
Sales
Avg 1,362 hours · 2020–2022 model years
Full price guide →How do T770 and 242D3 specs compare?
| Spec | Bobcat T770 | Caterpillar 242D3 |
|---|---|---|
| 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 242D3?
- Price: The 242D3 is $1,987 cheaper on average (4% savings).
- Track Type: T770 is a compact track loader (CTL) while 242D3 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 242D3s average 1,362 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T770 or 242D3? Check current listings with Deal Scores.
Which is the better value: T770 or 242D3?
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 242D3 if:
- You want lower upfront cost ($1,987 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T770 and 242D3 prices compare by year?
| Year | Bobcat T770 | Caterpillar 242D3 |
|---|---|---|
| 2024 | $94,390 (4) | — |
| 2022 | $61,193 (18) | $11,040 (1) |
| 2021 | $64,987 (9) | $59,122 (4) |
| 2020 | $59,182 (15) | $42,756 (4) |
| 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) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T770 and 242D3 prices compare by hours?
| Hours | Bobcat T770 | Caterpillar 242D3 |
|---|---|---|
| 0-999 hrs | $84,949 (14) | $73,117 (2) |
| 1,000-1,999 hrs | $56,784 (51) | $52,417 (4) |
| 2,000-2,999 hrs | $47,951 (23) | $25,806 (2) |
| 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 242D3 in Canada?
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