Caterpillar 345B vs John Deere 318G: Which Is the Better Value?
The Caterpillar 345B averages $9,075 CAD at auction, compared to $24,411 for the John Deere 318G. That's a $15,336 difference. Based on 15 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 $15,336 less than the 318G.
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 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 345B and 318G specs compare?
| Spec | Caterpillar 345B | John Deere 318G |
|---|---|---|
| Horsepower | — | 65 hp |
| Rated Operating Capacity | — | 1,850 lbs |
| Operating Weight | — | 6,830 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 345B and 318G?
- Price: The 345B is $15,336 cheaper on average (63% savings).
- Usage: Used 345Bs average 48 hours while 318Gs average 1,418 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 345B or 318G? Check current listings with Deal Scores.
Which is the better value: 345B or 318G?
Choose the Caterpillar 345B if:
- You want lower upfront cost ($15,336 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318G if:
- You prefer John Deere's dealer network and parts availability
How do 345B and 318G prices compare by year?
| Year | Caterpillar 345B | John Deere 318G |
|---|---|---|
| 2020 | — | $11,040 (1) |
| 2017 | — | $29,976 (2) |
| 2016 | — | $24,785 (6) |
| 2015 | $8,480 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 345B and 318G prices compare by hours?
| Hours | Caterpillar 345B | John Deere 318G |
|---|---|---|
| 0-999 hrs | $4,836 (2) | $29,976 (2) |
| 1,000-1,999 hrs | — | $24,785 (6) |
| 2,000-2,999 hrs | — | $11,040 (1) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 345B or 318G in Canada?
Caterpillar 345B
No active listings right now.
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