Caterpillar 345B vs John Deere 318E: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $31,600 for the John Deere 318E. That's a $22,524 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 345B is the better value buy for most Canadian buyers, averaging $22,524 less than the 318E.
Caterpillar 345B
SSL$9,075 CAD avg
$4,705
Low
$12,295
High
6
Sales
Avg 48 hours · 2015–2015 model years
Full price guide →John Deere 318E
SSL$31,600 CAD avg
$22,770
Low
$45,679
High
10
Sales
Avg 880 hours · 2014–2015 model years
Full price guide →What are the key differences between 345B and 318E?
- Price: The 345B is $22,524 cheaper on average (71% savings).
- Usage: Used 345Bs average 48 hours while 318Es average 880 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 318E? Check current listings with Deal Scores.
Which is the better value: 345B or 318E?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($22,524 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318E if:
- You prefer John Deere's dealer network and parts availability
How do 345B and 318E prices compare by year?
| Year | Caterpillar 345B | John Deere 318E |
|---|---|---|
| 2015 | $8,480 (4) | $34,846 (6) |
| 2014 | — | $26,732 (4) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 318E prices compare by hours?
| Hours | Caterpillar 345B | John Deere 318E |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $32,867 (8) |
| 1,000-1,999 hrs | — | $26,534 (2) |
Hours matter more than age for resale value. See our hours vs age analysis.
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