Hello and welcome! If you are considering purchasing a cordless drill for your project, you are in the right place.

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Whether you’re considering buying a new cordless drill or upgrading from an electric drill, this guide provides all the information you need to make an informed buying decision. It covers the pros and cons of each model, including key features such as ease of use, durability, number of batteries included, LED lighting, motor, voltage, and warranty. We’ve compiled the 6 best cordless drill on the market that are under $200 based on customer reviews, features and value in the information below. Read our reviews below for more info…

#1. Best Value + High Quality: Milwaukee 2691-22 18-Volt Combo Kit

 

User Ratings: 4.8 Stars (4.8 / 5)

Milwaukee 2691-22 Combo Kit 18-volt

The Milwaukee 2691-22 18-volt combo kit magically combines several popular features for your convenience and it was rated #1 according to the reviews we surveyed. But don’t just take our word for it; there are over 490 positive reviews from other existing users who have publicly rated it too. This combo kit comes with a nice carrying case and inside you will find the Milwaukee M18 compact drill/driver, a 1/4-inch hex impact driver, 2 compact batteries, one charger and one belt clip.

The Great:
Easy to use, comfortable grip, nice chuck, great power, built-in LED lights, fast charging time, comes with two batteries, comes with a carrying case, 5-year warranty.

The Not-So-Great:
Some users say that the drill is slightly heavy for them.

>> Click Here to See Reviews and Pricing on Amazon.com

 

#2. Also Great: Makita XPH012 LXT 18-volt

 

User Ratings: 4.6 Stars (4.6 / 5)

Makita XPH012 LXT 18-volt

The second drill worth checking out in more depth is the Makita XPH012 LXT 18-volt. This 18-volt cordless drill uses a 4-pole motor and has a 2 speed gear box. It can be used as a driver-drill or a hammer driver-drill. It is lightweight (only 4.0 lbs) and it comes with a built in LED light with afterglow function that makes it easier for you to see where or what you’re drilling.

The Great:
Excellent value, easy to use, built-in LED lights, fast charging time, 3-year warranty on tool, 1-year warranty on battery.

The Not-So-Great:
Comes with only 1 battery.

>> Click Here to See Reviews and Pricing on Amazon.com

 

#3. PORTER-CABLE PCCK600LB 20-volt

 

User Ratings: 4.6 Stars (4.6 / 5)

PORTER-CABLE PCCK600LB 20-volt

If you’re looking for the best 20v cordless drill to buy without emptying your bank account, then the PORTER-CABLE PCCK600LB is the right choice for you. It is well under $150 and it has all the necessary features and power you need for small and large applications. One of the interesting feature that this cordless drill is that it comes with a built-in battery gauge which conveniently show you the remaining battery juice. This way you can easily tell when to recharge or replace the battery so that you won’t have to stop your project abruptly because of a dead battery.

The Great:
Great price, well built, easy to handle, excellent power, oustanding drilling capacity, high torque, built-in LED lights, fast charging time, comes with two batteries, 3-year limited warranty

The Not-So-Great:
Some users reported that the drill wobbles after some time.

>> Click Here to See Reviews and Pricing on Amazon.com

 

#4. Hitachi DS18DSAL 18-volt

 

User Ratings: 4.6 Stars (4.6 / 5)

Hitachi DS18DSAL 18-volt

The Hitachi DS18DSAL is a 18-volt compact driver drill that offers 22 drive settings and one drill mode for both high torque applications and precision driving. It has a 2-speed motor and it comes with a convenient metal belt hook.

The Great:
Strong, durable, compact, good ergonomic grip, built-in LED lights, comes with two batteries, comes with a carrying case, 10-year warranty on tool, 2-year warranty on battery.

The Not-So-Great:
Not suitable for heavy or industrial use.

>> Click Here to See Reviews and Pricing on Amazon.com

 

#5. DEWALT Bare-Tool DCD950B 18-Volt

 

User Ratings: 4.6 Stars (4.6 / 5)

DEWALT Bare-Tool DCD950B 18-Volt

The DEWALT Bare-Tool DCD950B is a 18-volt cordless drill that is equipped with a high-power, high-efficiency motor that is capable of delivering 450 unit watts of maximum power. It offers 22 clutch settings and its compact design makes it easy for you to drill in tight spaces and corners.

The Great:
Powerful, compact, built-in LED lights, 3-year limited warranty (90 Day Money Back Guarantee).

The Not-So-Great:
Batteries are sold separately, doesn’t come with a carrying case.

>> Click Here to See Reviews and Pricing on Amazon.com

 

#6. Bosch CLPK232A-181 Combo Kit 18-volt

 

User Ratings: 4.8 Stars (4.8 / 5)

Bosch CLPK232A-181 Combo Kit 18-volt

The Bosch CLPK232A-181 combo kit comes with two powerhouses: Bosch DDS181A Compact Tough 1/2-Inch Drill/Driver and the Bosch 25618 1/4-Inch Hex Impact Driver. The drill produces powerful performance and it uses a heavy-duty chuck that prevents drill bits from slipping during high-torque applications.

The Great:
Great value, easy to use, reliable, ergonomic, built-in LED lights, fast charging time, comes with two batteries, comes with a carrying case.

The Not-So-Great:
1-year limited warranty.

>> Click Here to See Reviews and Pricing on Amazon.com

 

Wrapping it Up

 

Buying a reliable cordless drill is one of the best investments as a DIYer. It can be used in so many different situations and applications and it sure beats doing the same work by hand. If you’re someone who prefers to work smart rather than work hard, you definitely need to add this time saving tool into your collection of power tools.

If you’re still unsure which model you should choose, we recommend that you get the Milwaukee 2691-22 Combo Kit because it offers the best value for your money.