Bobcat T740 vs John Deere 318G: Which Is the Better Value?
The Bobcat T740 averages $32,419 CAD at auction, compared to $24,411 for the John Deere 318G. That's a $8,007 difference. Power-wise, the T740 offers 74 HP versus the 318G's 65 HP. The T740 has 2,400 lb rated operating capacity vs 1,850 lb for the 318G. Based on 40 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 318G is the better value buy for most Canadian buyers, averaging $8,007 less than the T740. The T740 is worth the premium if you specifically need the extra 9 HP or the higher 2,400 lb lifting capacity .
Bobcat T740
CTL$32,419 CAD avg
$17,940
Low
$51,616
High
31
Sales
Avg 2,678 hours · 2016–2021 model years
Full price guide →John Deere 318G
SSL$24,411 CAD avg
$11,040
Low
$31,870
High
9
Sales
Avg 1,418 hours · 2016–2020 model years
Full price guide →How do T740 and 318G specs compare?
| Spec | Bobcat T740 | John Deere 318G |
|---|---|---|
| Horsepower | 74 hp | 65 hp |
| Rated Operating Capacity | 2,400 lbs | 1,850 lbs |
| Operating Weight | 9,375 lbs | 6,830 lbs |
| Lift Type | vertical | vertical |
| Frame Size | mid | mid |
| High Flow | 1 gpm | 1 gpm |
What are the key differences between T740 and 318G?
- Price: The 318G is $8,007 cheaper on average (25% savings).
- Power: The T740 has 9 more horsepower (74 HP vs 65 HP).
- Lifting Capacity: The T740 lifts 550 lbs more (2,400 lb ROC).
- Track Type: T740 is a compact track loader (CTL) while 318G is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used T740s average 2,678 hours while 318Gs average 1,418 hours.
Both Bobcat and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a T740 or 318G? Check current listings with Deal Scores.
Which is the better value: T740 or 318G?
Choose the Bobcat T740 if:
- You need more power (74 HP)
- You need higher lifting capacity (2,400 lbs)
- You work on soft ground, mud, or uneven terrain
- You prefer Bobcat's dealer network and parts availability
Choose the John Deere 318G if:
- You want lower upfront cost ($8,007 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer John Deere's dealer network and parts availability
How do T740 and 318G prices compare by year?
| Year | Bobcat T740 | John Deere 318G |
|---|---|---|
| 2021 | $20,700 (1) | — |
| 2020 | — | $11,040 (1) |
| 2019 | $30,554 (18) | — |
| 2018 | $38,071 (4) | — |
| 2017 | $36,331 (6) | $29,976 (2) |
| 2016 | $32,017 (2) | $24,785 (6) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do T740 and 318G prices compare by hours?
| Hours | Bobcat T740 | John Deere 318G |
|---|---|---|
| 0-999 hrs | $28,833 (2) | $29,976 (2) |
| 1,000-1,999 hrs | $33,036 (7) | $24,785 (6) |
| 2,000-2,999 hrs | $30,518 (11) | $11,040 (1) |
| 3,000-3,999 hrs | $34,884 (5) | — |
| 4,000+ hrs | $37,048 (5) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a T740 or 318G in Canada?
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