Bobcat T85 vs Caterpillar 242B3: Which Is the Better Value?
The Bobcat T85 averages $23,369 CAD at auction, compared to $26,329 for the Caterpillar 242B3. That's a $2,959 difference. Based on 31 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $2,959 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Bobcat T85
CTL$23,369 CAD avg
$9,660
Low
$35,050
High
23
Sales
Avg 1,059 hours · 2016–2020 model years
Full price guide →Caterpillar 242B3
SSL$26,329 CAD avg
$23,529
Low
$29,297
High
8
Sales
Avg 1,852 hours · 2012–2013 model years
Full price guide →What are the key differences between T85 and 242B3?
- Price: The T85 is $2,959 cheaper on average (11% savings).
- Track Type: T85 is a compact track loader (CTL) while 242B3 is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T85s average 1,059 hours while 242B3s average 1,852 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T85 or 242B3? Check current listings with Deal Scores.
Which is the better value: T85 or 242B3?
Choose the Bobcat T85 if:
- You want lower upfront cost ($2,959 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 242B3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
How do T85 and 242B3 prices compare by year?
| Year | Bobcat T85 | Caterpillar 242B3 |
|---|---|---|
| 2020 | $25,387 (8) | — |
| 2019 | $24,282 (6) | — |
| 2018 | $22,281 (7) | — |
| 2016 | $16,370 (2) | — |
| 2013 | — | $26,032 (2) |
| 2012 | — | $26,428 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T85 and 242B3 prices compare by hours?
| Hours | Bobcat T85 | Caterpillar 242B3 |
|---|---|---|
| 0-999 hrs | $29,881 (10) | $26,032 (2) |
| 1,000-1,999 hrs | $18,950 (11) | $25,297 (4) |
| 2,000-2,999 hrs | $15,111 (2) | — |
| 4,000+ hrs | — | $28,690 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T85 or 242B3 in Canada?
Bobcat T85
2018 Bobcat T85
1,790 hrs · Windsor
$20,999 CAD
2020 Bobcat T85
N/A hrs · London
$22,900 CAD
2018 Bobcat T85
586 hrs · Nanaimo
$32,980 CAD
2020 Bobcat T85
1,391 hrs · Essex
$22,900 CAD
Caterpillar 242B3
No active listings right now.
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