Bobcat T770 vs Caterpillar 248B: Which Is the Better Value?
The Bobcat T770 averages $48,494 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $32,084 difference. Based on 173 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 248B is the better value buy for most Canadian buyers, averaging $32,084 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 248B
SSL$16,409 CAD avg
$7,286
Low
$28,841
High
16
Sales
Avg 4,803 hours · 2004–2007 model years
Full price guide →How do T770 and 248B specs compare?
| Spec | Bobcat T770 | Caterpillar 248B |
|---|---|---|
| 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 248B?
- Price: The 248B is $32,084 cheaper on average (66% savings).
- Track Type: T770 is a compact track loader (CTL) while 248B 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 248Bs average 4,803 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T770 or 248B? Check current listings with Deal Scores.
Which is the better value: T770 or 248B?
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 248B if:
- You want lower upfront cost ($32,084 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T770 and 248B prices compare by year?
| Year | Bobcat T770 | Caterpillar 248B |
|---|---|---|
| 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) | — |
| 2007 | — | $18,337 (2) |
| 2006 | — | $13,251 (6) |
| 2005 | — | $17,812 (6) |
| 2004 | — | $19,747 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T770 and 248B prices compare by hours?
| Hours | Bobcat T770 | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | $84,949 (14) | $22,270 (4) |
| 1,000-1,999 hrs | $56,784 (51) | — |
| 2,000-2,999 hrs | $47,951 (23) | $18,337 (2) |
| 3,000-3,999 hrs | $45,659 (29) | $14,322 (4) |
| 4,000+ hrs | $31,411 (28) | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T770 or 248B 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 248B
No active listings right now.
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