Bobcat T870 vs Caterpillar 248B: Which Is the Better Value?
The Bobcat T870 averages $54,686 CAD at auction, compared to $16,409 for the Caterpillar 248B. That's a $38,276 difference. Based on 139 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 $38,276 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 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 T870 and 248B specs compare?
| Spec | Bobcat T870 | Caterpillar 248B |
|---|---|---|
| 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 248B?
- Price: The 248B is $38,276 cheaper on average (70% savings).
- Usage: Used T870s average 2,578 hours while 248Bs average 4,803 hours.
Both Bobcat and Caterpillar retain value well. See our depreciation guide for brand rankings.
Looking for a T870 or 248B? Check current listings with Deal Scores.
Which is the better value: T870 or 248B?
Choose the Bobcat T870 if:
- You prefer Bobcat's dealer network and parts availability
Choose the Caterpillar 248B if:
- You want lower upfront cost ($38,276 savings)
- You prefer Caterpillar's dealer network and parts availability
How do T870 and 248B prices compare by year?
| Year | Bobcat T870 | Caterpillar 248B |
|---|---|---|
| 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 | — | $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 T870 and 248B prices compare by hours?
| Hours | Bobcat T870 | Caterpillar 248B |
|---|---|---|
| 0-999 hrs | $86,826 (10) | $22,270 (4) |
| 1,000-1,999 hrs | $66,479 (34) | — |
| 2,000-2,999 hrs | $51,766 (31) | $18,337 (2) |
| 3,000-3,999 hrs | $42,208 (32) | $14,322 (4) |
| 4,000+ hrs | $41,334 (14) | $13,251 (6) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T870 or 248B 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 248B
No active listings right now.
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