If you’re in the market for a drill press, you may be wondering if you should spend more on a higher-end model or if a less expensive option will do the trick. In this article, we’ll introduce you to some of the best drill press under 500 dollars.
Drill presses are a must-have for any workshop. They’re perfect for drilling precise holes in a variety of materials, from wood to metal. A good drill press can also be used for sanding and buffing.
When shopping for a drill press, it’s important to consider the size and power of the machine. You’ll also want to think about the features that are important to you, such as the speed of the drill, the size of the table, and the amount of torque.
If you’re on a tight budget, don’t worry – there are plenty of great drill presses available for under 500 dollars. In this article, Bestsmarttool will introduce you to five of the best.
1. Milescraft 1318 DrillMate Portable Drill Guide
The Milescraft 1318 DrillMate Portable Drill Guide is a handy tool to have around for any drilling project. This guide attaches to any 38 in drill and helps to ensure accuracy with its self-centering drill guide base and multiangle readouts. It can make angle cuts of 45 to 90 degrees, and includes a depth stop for more accurate drilling. This guide is perfect for drilling on the edge of a board or round stock up to 3 inches in diameter.
- Perfect for straight or angled drilling, drilling on the edge of a board or on round stock
- Attaches to all 3/8" And 1/2" Power drills and it also includes a 3/8" Capacity chuck with key
- Angle cuts of 45 Degree to 90 degrees, with a built in angle read out in the all metal base
- Centering channels built into the bottom of the base, to accommodate drilling any round stock up to 3 inches in diameter
- Adjustable depth stop and spring action control of the head
2. Dremel Drill Press Rotary Tool Workstation Stand with Wrench
A Dremel Drill Press Rotary Tool Workstation Stand with Wrench 22001 Mini Portable Drill Press Tool Holder 2 Inch Drill Depth Ideal for Drilling Perpendicular and Angled Holes Table Top Drill Silver is a great addition to any tool collection. This stand is ideal for drilling perpendicular and angled holes in 15degree increments up to 90 degrees horizontal. The tool holder holds the rotary tool at 90 degrees horizontal, making it perfect for tasks such as polishing metal objects, sanding different shapes, and grinding metal pieces. The drill depth is 2 inches, and the flex shaft tool stand allows for telescopic adjustment to any height between 16 and 29 inches. The crows nest provides onboard storage for drill bits, wrenches, and other Dremel accessories. The cord management clips keep the power cords safe and organized. The inch/metric marking on the base allows for accurate drilling of the workpiece depth, and the depth stop ensures consistent depth. The sturdy metal base has 4 clamping points to securely hold the station. This stand is compatible with Dremel rotary tool models 100, 200, 275, 285, 300, 395, 398, 400, 800, 3000, 4000, 4200, 8100, 8200, and 8220.
- Articulating Drill Press Stand: Drills perpendicular and angled holes in 15-degree increments, up to 90 degrees horizontal
- Tool Holder: Holds rotary tool at 90 degrees horizontal for tasks such as polishing metal objects, sanding different shapes and grinding metal piece. Drill depth- 2 inches
- Compatible wirh Dremel Rotary Tool Models: 4300, 4000, 3000,200, 100, 8250, 8240, and 8220
- Flex Shaft Tool Stand: Allows Telescopic adjustment to any height between 16 and 29 inches
- Cord management clips for safe storage of power cords, inch/metric marking on base for accurate drilling of workpiece, depth markings with depth stop - for consistent depth, sturdy metal base with 4 clamping points - to securely hold the station
3. HFS(R) 3″ Cross Slide Vise Drill Press Metal Milling 2 Way X-Y Heavy Duty Clamp Machine
The HFSR 3 Cross Slide Vise Drill Press Metal Milling 2 Way XY Heavy Duty Clamp Machine is a top-quality milling vise that is perfect for use in woodworking and metalworking applications. This vise is made from the highest quality ductile iron, has a jaw width of 3 inches, and is capable of withstanding a force of up to 80000 PSI. It also features perfectly aligned precision gowned jaws, double screw rods for longitudinal and cross travel, and adjustable gibs.
- [JAW WIDTH]: 3 Inch
- [HIGH QUALITY]: Made from the highest quality ductile Iron 80000 PSI for minimum bending.
- [FEATURES]: Premium quality swiveling milling vise features perfectly aligned precision gowned jaws.
- [DOUBLE SCREW RODS]: Longitudinal/cross travel and adjustable gibs.
- [APPLICATION]: Designed for woodworking and metalworking.
4. WEN 4208T 2.3-Amp 8-Inch 5-Speed Cast Iron Benchtop Drill Press
The WEN 4208T 23Amp 8Inch 5Speed Cast Iron Benchtop Drill Press is a great tool for any workshop. It has a 23A induction motor and can operate at 5 different speeds, making it a versatile tool for a variety of applications. It also has a 12inch keyed chuck and onboard key storage, making it easy to use and keep organized. The height adjustable worktable also bevels up to 45 degrees in each direction, making it easy to work with a variety of materials. The base measures in at 7 by 11inches, making it compact and easy to store.
- Features a 2.3A induction motor, an 8-inch swing, and a 2-inch spindle travel
- Includes a 1/2-inch keyed chuck and onboard key storage
- Operates at 5 different speeds: 740, 1100, 1530, 2100, or 3140 RPM
- 6.5 by 6.5 inch height adjustable worktable bevels up to 45 degrees in each direction
- Measures in at 23 inches tall with a 7 by 11-inch base
- Infinitely variable speed ranges from 580-3200 RPMS. Mechanical variable speed delivers equal torque throughout the range. LED read out displays speed.
- Spindle Travel of 3-1/8" with easy to read, locking linear depth stop for accurate and repeatable drilling operations. Front to the back of the motor is 22 inches
- Quill diameter of 2.17 inches. Durable 2/3hp induction motor develops ample torque and power. Motor: 120 V, 60 Hz. Laser Module: Class III
- 9-1/2 x 9-1/2" cast iron worktable features rack & pinion height adjustment and bevels up to 45 Degree left & right. Width with the handles: 14-1/2"
- Includes drill press, mechanical variable speed, laser, table roller extension, 5/8" keyed chuck & key, tools for assembly.Drill press Height from the Floor to the top: 37 inch
- Features a 3.2A induction motor, a 10-inch swing, and a 2-1/2-inch spindle travel
- Includes a 1/2-inch keyless chuck for easy bit changes
- Operates at 5 different speeds: 600, 1100, 1700, 2400, or 3100 RPM
- Includes a laser, adjustable depth stop, beveling 7-5/8 by 7-5/8-inch height-adjustable worktable, and a two-year warranty
- Measures in at 26-1/2 inches tall with a 13-1/8 by 8-1/8-inch base
5. Shop Fox W1667 1/2 HP 8-1/2-Inch Bench-Top Oscillating Drill Press
The Shop Fox W1667 12 HP 812Inch BenchTop Oscillating Drill Press is a great choice for anyone looking for an oscillating drill press. This drill press has a height of 23 inches, a spindle travel of 158 inches, and a drill chuck of 164 inches. It also has a dust port size of 2 inches and a swing of 812 inches.
The Shop Fox W1667 12 HP 812Inch BenchTop Oscillating Drill Press is a great choice for anyone looking for an oscillating drill press. This drill press has a height of 23 inches, a spindle travel of 158 inches, and a drill chuck of 164 inches. It also has a dust port size of 2 inches and a swing of 812 inches.
The Shop Fox W1667 12 HP 812Inch BenchTop Oscillating Drill Press is a great choice for anyone looking for an oscillating drill press. This drill press has a height of 23 inches, a spindle travel of 158 inches, and a drill chuck of 164 inches. It also has a dust port size of 2 inches and a swing of 812 inches.
The Shop Fox W1667 12 HP 812Inch BenchTop Oscillating Drill Press is a great choice for anyone looking for an oscillating drill press. This drill press has a height of 23 inches, a spindle travel of 158 inches, and a drill chuck of 164 inches. It also has a dust port size of 2 inches and a swing of 812 inches.
- Motor: 1/2 HP, 110V
- Swing: 8-1/2"
- Drill chuck: 1/64"—1/2"
- Arbor: JT-33
- Spindle travel:1-5/8"
6. Mophorn 1100W Magnetic Drill Press with 1-1/2 Inch (40mm) Boring Diameter MD40 Magnetic Drill Press Machine 2810 LBS Magnetic Force Magnetic Drilling System 670 RPM with 11 Pcs HSS Annular Cutter Kit
The Mophorn 1100W Magnetic Drill Press is a powerful and versatile tool that can be used for a variety of applications. This drill press is equipped with a 1100W copper motor that can generate up to 550 RPM. It also has a magnetic base that creates a strong hold and prevents the drill press from moving during use. The double dovetail rail adds rigidity and improves the wear resistance of the drill press. The drill press also has an ergonomic design that provides a comfortable grip. The drill press is also equipped with a rustproof stainless steel cooling pot and a pilot pin. The pilot pin can be used to remove screws and assist in the installation or removal of bits. The drill press is ideal for industrial and steel fabrication, ship or bridge building, railway manufacture, wind power generation, powerplant construction, and home improvement equipment installation.
- Superior Performance: Our portable drill press generates exceptionally strong power thanks to its 1100W copper motor. It is capable of drilling into toughest materials at 550 RPM. Maximum Coring Diameter: 1.57'' (40 mm); Maximum Coring Depth: 5'' (125 mm). Besides, our magnetic drill can only be used with hollow boring bits, not with annular bits.
- Premium Coring Bits & Cooling Pot: There are 11 chisel bits: 12mm, 13mm, 15mm, 16mm, 18mm, 20mm, 21mm, 23mm, 24mm, 26mm, 27mm, meeting a variety of demands for coring. Also, we provide you a rust-proof stainless steel cooling pot and a pilot pin. The pilot pin can remove screws and assist in the installation & removal of bits.
- 12,000 N Magnetic Force: The powerful two-stage magnet can generate 12,000 N of holding force, ensuring the drill press machine will not move in the work. Thanks to its Electromagnet base, our magnetic drill press anchor itself securely during use through its solid iron bottom.
- User-Friendly Design: The double dovetail rail adds rigidity and improves the wear resistance of magnetic drill press. This ergonomic design handle provides comfortable grip in operation and transport. These 3 extended crank handles are coated with nonslip rubber for labour-saving operation.
- Various Applications: This versatile magnetic drill press is immensely suitable for industrial and steel fabrication, ship or bridge building, railway manufacture, wind power generation, power-plant construction, home improvement, equipment installation, and a wide swath of other fields.
7. ZELCAN 1550W Electric Magnetic Drill Press w 2” Boring Diameter Core Drill Bit Set, Portable Heavy Duty Power Mag Drill 3500lbf Electromagnet Drilling Machine for Metal Surface and Home Improvement
As a do-it-yourselfer, one of the tools you’re likely to need is a drill press. A drill press can be used to drill a variety of holes in a variety of materials, including metal. If you’re looking for a powerful drill press that can handle a variety of drilling tasks, the Zelcan 1550W electric magnetic drill press might be just what you need.
The Zelcan 1550W electric magnetic drill press is a powerful machine that can handle a variety of drilling tasks. It has a 21 HP 1550W copper motor that generates exceptionally strong power, and its premium enameled wire withstands temperatures up to 428F. The drill press also has a solid iron bottom that anchors it securely during use, making it a durable and reliable machine.
The Zelcan 1550W electric magnetic drill press is a versatile machine that can be used for a variety of tasks. It can drill holes up to 2 deep and 2 across, making it a perfect machine for a variety of applications. It’s also lightweight and portable, making it easy to take with you wherever you need it.
While the Zelcan 1550W electric magnetic drill press is a powerful and versatile machine, it does have a few drawbacks. First, it’s not the cheapest drill press on the market. Second, it’s not as durable as some of the more expensive drill presses on the market. Finally, it’s not as good for precision drilling as some of the more expensive drill presses on the market.
Overall, the Zelcan 1550W electric magnetic drill press is a powerful and versatile machine that can handle a variety of drilling tasks. It’s not the cheapest drill press on the market, but it’s a high quality machine that is sure to meet your needs.
- Superior Performance ----- This heavy-duty ZELCAN electric magnetic drill press bores at 500 RPM up to 2" deep and 2" across; it is best used with the included standard core drill bit set, allowing you to create holes in most common sizes
- Powerful & Durable Motor ----- Our portable drill press generates exceptionally strong power thanks to its 2.1 HP 1550W copper motor; its premium enameled wire withstands temperatures up to 428°F and makes your motor long lasting and wear resistant
- Optimal Design ----- Despite its light weight and portability, our magnetic drill press anchors itself securely during use through its solid iron bottom which acts as a powerful 3500 lbf (15500 N) electromagnet at the flick of a switch
- Wide Application ----- This versatile magnetic drilling machine allows you to bore into almost any surface you can think of, ideal for ship & bridge building, industrial and steel fabrication, windmill & power-plant construction, railway manufacture, equipment installation, home improvement, and many other fields
8. BUCKTOOL 12-INCH 6.2-A Professional Bench Drill Press, Powerful 3/4HP Benchtop Drill Press, Variable Speed Drill Press with IIIA Laser and Work Light
The Bucktool 12inch 62A Professional Bench Drill Press is a powerful, variable speed drill press that is perfect for any workshop. It has a powerful 65A induction motor, a 12in swing, 318 spindle travel, and a height of 39.2in. It also has a Class IIIA 25mW laser work light, emergency stop switch, and no voltage release switch. This drill press also comes with a 2-year warranty.
- POWERFUL 6.2A MOTOR: Equipped with a powerful 6.2A induction motor (most 12-IN drill press motors are only 5A), provide you constant power to drill through all kinds of material
- PROFESSIONAL DRILL PRESS: 1/32" - 5/8" Keyed chuck, 12" swing, 3-1/8" spindle travel, and overall height of 39" (2" high than other 12" drill press)
- VARIABLE SPEED: You can easily adjust the speed from 580 to 3200 RPM, satisfying your drill needs from wood to all kinds of metal. Digital speed readout helps precisely control the speed
- FULLY ADJUSTABLE WORK TABLE: The flat work table can rotate 360° and bevel 45° left or right
- EXTRA SUPPORT: This drill press equips with a Class IIIA 2.5mW laser, work light, emergency stop switch, and no voltage release switch, help you work precisely and safely
9. Wilton 1208 Cam Action Drill Press Vise, 8″ Jaw Width, 8-3/16″ Jaw Opening (13403)
The Wilton 1208 Cam Action Drill Press Vise is a great tool to have in any workshop. It is 8 jaw width with a jaw opening of 13403 and is ideal for drilling, tapping, and reaming tasks. It is easy to use with a simple push or pull on the center bar knob to set the jaw in position. The unique top locking lever can easily be raised or lowered, and the vise is covered by Wilton’s lifetime warranty. While it is a great tool, there are a few downsides. First, it is a bit heavy, so it can be a challenge to move around. Second, the jaw width is not adjustable, so you may have to get creative if you need to clamp something that is not a standard size. Overall, the Wilton 1208 Cam Action Drill Press Vise is a great tool that is built to last.
- IDEAL USES: Great for drilling, tapping, and reaming tasks; engineered for accurate and versatile drilling through the base.
- SIMPLE TO USE: Easy to use with a simple push or pull on the center bar knob to set the jaw in position.
- UNIQUE TOP LEVER: Features unique top locking lever that can easily be raised or lowered.
- HEAVY-DUTY STEEL: Cast iron castings and hardened steel vise jaws provides a strong, solid design.
- LIFETIME GUARANTEE: Covered by Wilton's lifetime warranty.
FAQs
The drill press is an important tool for any workshop. When shopping for a drill press, there are a few things to consider. The most important factors are the size of the drill press and the power of the motor.
Here are five FAQs of best drill press under 500:
1. What size drill press do I need?
The size of the drill press is important to consider. Drill presses come in a variety of sizes, from small to large. Consider the size of the workpiece you will be drilling. If you will be drilling large pieces of wood, you will need a larger drill press.
2. What power do I need?
The power of the drill press is important to consider. Drill presses come with a variety of power ratings. Consider the size of the drill bit you will be using. If you will be using large drill bits, you will need a drill press with more power.
3. What are the features of a drill press?
Drill presses come with a variety of features. Some of the features you may want to consider include the size of the worktable, the speed of the drill press, and the depth of the drill press.
4. What is the warranty?
When shopping for a drill press, be sure to ask about the warranty. Drill presses come with a variety of warranties, from one year to lifetime warranties.
5. What is the price?
Drill presses come with a variety of prices, from $100 to $500. Consider your budget when shopping for a drill press.
