Do you need to buy a new drill press with a variable speed option of a machine that can handle jewelry work and don’t want to spend a lot of money?
Then you are in the right place!
In this article, I will review the 5 best cheap and affordable drill press models available on the market in 2020. Here you can read about the technical specifications, design and other features by different drill press models such as cheap floor drill press, cheap benchtop drill press and many more!
Things To Know When Buying A Cheap And Budget Drill Press
Fantastic Machines For Less Money
These 5 best budget drill press models are great machines that offer various drilling operations. These machines are very well built and offer a great price as well. If you are on a budget and need a good and solid drill press that can handle your everyday tasks, keep reading this article to compare these 5 best inexpensive drill presses.
Various Drill Press Models For Various Drilling Applications
These 5 best cheap and inexpensive drill press models are versatile and powerful machines that come with a great price. Some of these machines can handle tasks that require detailed work and others double as a sanding machine. It is always a good thing to have a versatile and durable machine in your shop or garage.
Good Quality And Modern Design
These cheap and inexpensive drill press models offer a modern and durable design. Their manufacturers take great pride at their machines that offer a lot of great features that can be found in more industrial drill press models and all that with a great and affordable price.
Made For Precision Work
Some of the drill press models mentioned in this article can handle various drilling applications with more precision than other more industrial drill presses. These machines offer many features that enhance the precision work needed for more detailed tasks and projects.
Best 5 Cheap And Budget Drill Press Models
Best Cheap Drill Press Model For Metal
General International DP2002 10 Inch 5 Speed Drill Press
Great Choice For Garage Or Workshop
This inexpensive General International 10 inch drill press model is a great choice for your shop or garage. Its fantastic affordable price makes it a great buy for those who are on a budget and are looking to upgrade their drill press collection. This cheap drill press by General International can easily fit into every work surface.
Includes Features Found In More Expensive Machines
The General International DP2002 5 speed drill press model offers many features that many higher-priced drill press models have. This inexpensive drill press has a great price which makes it a great buy for any metalworker. The General International drill press features a laser for precision work and many more features found in other industrial drill presses.
Features Precision Guide Laser
The General International 10 inch is a cheap drill press model that features a guide laser pointer. Having a laser pointer, you enhance your precision work and the versatility of this great inexpensive drill press. Using this cheap drill press by General Internation you get more productive while working on your projects and tasks.
Handles A Variety Of Materials
Thanks to its 5-speed option, the General International DP2002 drill press model can handle a variety of materials. You just need to adjust the speed according to the material you are working with. This inexpensive drill press model can easily drill through wood, plastic and works best with metal.
Induction Motor With Ball Bearings
The General International 10 inch 5-speed drill press features a powerful induction motor with ball bearings. This motor is so powerful that it can handle a variety of materials and workpieces. As I mentioned earlier, you can get from 620 up to 3100 RPM thanks to its 5-speed option and the powerful induction motor as well.
- handles metal materials with ease
- features induction motor with ball bearings
- has a 5-speed option
Best Cheap Mini Drill Press Model
SE 3-Speed Mini Drill Press
Great For Woodworkers, Jewelers, Hobbyists
This inexpensive SE 3 speed mini drill press is the perfect choice for jewelers, woodworkers, hobbyists, and other craftsmen as well. Its price only adds up to the fact that this cheap mini drill press is a great buy. The SE mini drill press can handle detailed tasks and projects and is powerful enough to handle various materials.
Can Fit Any Work Surface
This budget mini drill press by SE can easily fit into every work surface and then later be stored away. You can work on your DIY projects or other tasks at home in your garage and later transport it to your shop or wherever you need it to be.
Features 3 Spindle Speeds
The great thing about this cheap mini drill press by SE is that it has a 3-speed option. You can shift through 3 speeds and adjust it according to the task or material you are using in your projects. Having a 3-speed option adds up to the versatility of this great and cheap mini drill press by SE.
Can Handle Precision Hole Drilling
The SE 3 speed mini drill press is perfect for those precision hole drilling that is common in jewelry making. This mini drill press is a precision machine that can handle various drilling applications with ease.
Compact And Transportable
One of the many great features of this inexpensive mini drill press by SE is that it is super transportable and has a compact design. This mini drill press would be a great addition for those who are working in their shop and often want to finish their projects at home.
- super transportable and compact mini drill press
- a great choice for jewelers, woodworkers, hobbyists
- handles precision hole drilling with ease
- can fit any work surface
Best Cheap Benchtop Drill Press Model
WEN 4208 8 Inch 5-Speed Benchtop Drill Press
Features Great Benchtop Design
This inexpensive WEN 4208 8 inch drill press features a great benchtop design that can easily fit into every work surface. It doesn’t take up much space and you can later store it away in your cabinet and save the space for some other tasks and projects.
Powerful And Versatile Machine
The WEN 4208 5 speed drill press model is a powerful and versatile machine that can handle a variety of drilling applications. This inexpensive drill press model by WEN features a powerful inductions motor that enables you to drill up to a 1/2-inch hole in heavy-duty cast iron with ease.
Features Beveling Work Table
This inexpensive 8 inch 5-speed drill press by WEN has a beveling work table that adds up to the versatility of this machine. The work table can bevel up to 45 degrees both left and right. Thanks to its beveling work table, this WEN 4208 drill press can handle a wide variety of workpieces and drill more angled holes with ease.
Has A Locking Depth Adjustment
The WEN 4208 drill press model has a locking depth adjustment features. You can adjust the depth while drilling holes and handle your everyday tasks and projects with more precision. You can also adjust the depth lock to drill repetitive operations and save your valuable time.
Features Onboard Key Storage
The great thing about this inexpensive WEN 4208 8 inch 5-speed drill press model is that it has an onboard key storage built-in. You can always have a key near you and place it where you’ll never forget about it.
- powerful and versatile cheap drill press
- features modern benchtop design
- has a locking depth adjustment
- features a 45 degrees beveling work table
Best Cheap Floor Drill Press Model
Shop Fox W1848 Oscillating Floor Drill Press
Great Floor Drill Press With Good Price
The Shop Fox W1848 floor drill press model offers a fantastic price and even greater machine. This inexpensive floor drill press would be a great addition to any wood or metalworkers shop. This inexpensive floor drill press with oscillating option has a great price and is a great choice for anyone that is on a budget.
Can Handle Bigger Projects
The Shop Fox W1848 inexpensive floor drill press is a fantastic choice for those who are often working on bigger tasks and projects. This floor drill press model can handle various drill and sanding applications with ease. The W1848 floor drill press model can handle a wide variety of materials such as plastic, wood, and metal as well.
Has Oscillating Feature For Sanding Operations
The cool thing about this inexpensive Shop Fox W1848 floor drill press is that it doubles as a sanding machine. Thanks to its oscillating feature you can turn this inexpensive floor drill press into a sanding machine in just a few seconds.
90 Degrees Tilting Work Table
As I mentioned earlier, this Shop Fox W1848 oscillating floor drill press model is a very versatile machine. This floor drill press features a tilting work table that can tilt up to 90 degrees. Thanks to its tilting work table this affordable floor drill press model can fit larger workpieces and drill more angled holes with no problem at all.
Modern And Durable Design
The Shop Fox brand takes great pride in its products and its modern and durable build. Every Shop Fox machine goes through a rigid quality control program that offers you a safe and reliable operation. If you buy this affordable Shop Fox floor drill press model it will surely last you for years and years.
- floor drill press with good price
- can handle bigger projects with ease
- features an oscillating option for sanding operations
- has 90 degrees tilting work table
- offer durable and modern design
Best Cheap Variable Speed Drill Press Model
WEN 4212 10-Inch Variable Speed Drill Press
Features Variable Speed Option
This WEN 4212 10 inch affordable drill press features a variable speed option. You can easily get from 530 up to 3100 RPM with just a simple turn of the speed adjustment lever. This inexpensive drill press by WEN features a powerful 4.5 Amp induction motor that enables you to handle various drilling applications with ease.
LED Readout Display Built-in
The WEN 4212 variable speed drill press features a great LED readout display. The LED display enables you to read the current speed so that you know the drill press speed at every moment. This LED display is a great feature that enables you to get the wanted speed and be more precise.
Accurate And Repetitive Drilling
This WEN 4214 10 inch variable drill press also features a depth stop adjustment that enables you to do repetitive drilling applications. This feature saves you valuable time that can later be used on more time-consuming tasks and projects.
Features Work Table Height Adjustment
The WEN 4212 10 inch variable speed drill press model has a work table height adjustment. You can adjust the height yourself which enables you to handle larger workpieces easier than with some other standard drill press models.
X Shaped Laser Pointer For More Precision
This inexpensive WEN variable speed drill press model features an X shaped laser pointer. Having an X shaped laser pointer offers you better performance while doing tasks and projects that require precision work.
- great 10-inch drill press for precision work
- inexpensive drill press with variable speed option
- features powerful 4.5 Amp motor
- built-in LED readout display
Conclusion: Which Two Best Cheap And Affordable Drill Press Models Should You Buy?
In my opinion, the two best cheap drill press models are the WEN 4208 8 Inch 5-Speed Benchtop Drill Press model and the SE 3-Speed Mini Drill Press, model. The SE drill press model offers you great performance in jewelry tasks and can handle various drilling operations that require detailed work. It can easily fit into every work surface. The WEN drill press model offers you great and modern benchtop design at a great price. Whichever you choose, you won’t regret it because both offer a great and affordable price.
If you want to step up your knowledge of drill press machines, read this article on drill presses near me. If you are a wood or metal worker who needs a powerful and versatile machine, check out this article on the best floor drill presses. If you are a construction worker who is always on the go, read this article on the best portable drill presses.