if you're going with a 245 ( tread width ), you should go with a 35 aspect ratio on an 18" wheel. This keeps the overall diameter of the tire closest to the original tire.
Stock N/A , 225/50R16 diameter is 24.9"
upgrade to 245/35R18 diameter is 24.8" wont throw speedometer off as much as
compare to 245/40R18 diameter is 25.7", almost an inch more in diameter to stock
As for the 295/40, while its nice to have an 11.6" wide tire, a diameter of 27.3" is quite a stretch.
a 295/30 would be better at a diameter of 25.0
Just my 2 cents
p.s here's what a 245/35R18 looks like on a 18x8 wheel
