John Deere 318E vs Takeuchi TL240: Which Is the Better Value?
The John Deere 318E averages $31,600 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $7,723 difference. Based on 36 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL240 is the better value buy for most Canadian buyers, averaging $7,723 less than the 318E.
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 →Takeuchi TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →What are the key differences between 318E and TL240?
- Price: The TL240 is $7,723 cheaper on average (24% savings).
- Track Type: 318E is a wheeled skid steer (SSL) while TL240 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 318Es average 880 hours while TL240s average 3,982 hours.
Both John Deere and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 318E or TL240? Check current listings with Deal Scores.
Which is the better value: 318E or TL240?
Choose the John Deere 318E if:
- You work on pavement, concrete, or hard surfaces
- You prefer John Deere's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You want lower upfront cost ($7,723 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 318E and TL240 prices compare by year?
| Year | John Deere 318E | Takeuchi TL240 |
|---|---|---|
| 2015 | $34,846 (6) | — |
| 2014 | $26,732 (4) | — |
| 2012 | — | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 318E and TL240 prices compare by hours?
| Hours | John Deere 318E | Takeuchi TL240 |
|---|---|---|
| 0-999 hrs | $32,867 (8) | — |
| 1,000-1,999 hrs | $26,534 (2) | — |
| 2,000-2,999 hrs | — | $32,173 (8) |
| 3,000-3,999 hrs | — | $23,874 (8) |
| 4,000+ hrs | — | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
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