Bobcat T870 vs Caterpillar 247B: Which Is the Better Value?
The Bobcat T870 averages $54,686 CAD at auction, compared to $21,335 for the Caterpillar 247B. That's a $33,351 difference. Based on 133 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 247B is the better value buy for most Canadian buyers, averaging $33,351 less than the T870.
Bobcat T870
SSL$54,686 CAD avg
$17,457
Low
$127,571
High
123
Sales
Avg 2,578 hours · 2008–2022 model years
Full price guide →Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →How do T870 and 247B specs compare?
| Spec | Bobcat T870 | Caterpillar 247B |
|---|---|---|
| Horsepower | 100 hp | — |
| Rated Operating Capacity | 3,325 lbs | — |
| Operating Weight | 11,720 lbs | — |
| Lift Type | vertical | — |
| Frame Size | large | — |
| High Flow | 1 gpm | — |
What are the key differences between T870 and 247B?
- Price: The 247B is $33,351 cheaper on average (61% savings).
- Track Type: T870 is a wheeled skid steer (SSL) while 247B is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T870s average 2,578 hours while 247Bs average 3,652 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T870 or 247B? Check current listings with Deal Scores.
Which is the better value: T870 or 247B?
Choose the Bobcat T870 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 247B if:
- You want lower upfront cost ($33,351 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Caterpillar's dealer network and parts availability
How do T870 and 247B prices compare by year?
| Year | Bobcat T870 | Caterpillar 247B |
|---|---|---|
| 2022 | $85,083 (6) | — |
| 2021 | $51,722 (13) | — |
| 2020 | $77,670 (6) | — |
| 2019 | $63,252 (20) | — |
| 2018 | $63,564 (16) | — |
| 2017 | $31,889 (2) | — |
| 2016 | $42,339 (10) | — |
| 2015 | $49,379 (18) | — |
| 2014 | $47,721 (10) | — |
| 2013 | $52,638 (6) | — |
| 2012 | $46,309 (4) | — |
| 2011 | $45,451 (8) | — |
| 2008 | $17,897 (2) | — |
| 2007 | — | $24,222 (4) |
| 2006 | — | $20,675 (4) |
| 2005 | — | $16,881 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T870 and 247B prices compare by hours?
| Hours | Bobcat T870 | Caterpillar 247B |
|---|---|---|
| 0-999 hrs | $86,826 (10) | — |
| 1,000-1,999 hrs | $66,479 (34) | — |
| 2,000-2,999 hrs | $51,766 (31) | $24,225 (4) |
| 3,000-3,999 hrs | $42,208 (32) | $28,444 (2) |
| 4,000+ hrs | $41,334 (14) | $14,890 (4) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T870 or 247B in Canada?
Bobcat T870
2021 Bobcat T870
N/A hrs · Lloydminster
$70,900 CAD
2021 Bobcat T870
N/A hrs · Kamloops
$70,900 CAD
2021 Bobcat T870
N/A hrs · Brandon
$70,900 CAD
2021 Bobcat T870
N/A hrs · Saskatoon
$70,900 CAD
Caterpillar 247B
No active listings right now.
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