Best Cordless Drills under $500 – 10 Models Review for The Money

Cordless drills are such drills, runs with electric power using rechargeable batteries. Those drills, which have the same features as a mainly AC powered drills have, are the most common kind of drills.  These drills are mostly available as a hammer drill including a clutch. They are available in the hammer drill configuration, and most have a clutch, which helps in driving screws without damaging the substrates. Right angle drills are also available there which allows driving screw in the tightest places. These innovative cordless drills are now the “must have” companion to every mechanics. It’s a very much useful device even to the ordinary people who do their minor mechanical works in their household on their own.

These cordless drills come with limited battery packs, so if you want to work on a consistent basis, then you must have full charged spare battery packs while working. It now becomes easier for you because now there are fast charging batteries available on the market, can be fully charged in only 10-15 minutes.

In the early days, a cordless drill runs with 7.2-volt interchangeable battery packs. But in the modern era, they are increased to 18 volts to even 36 volts. So it is certain that these battery packs are capable of producing higher torque.

10 Best Cordless Drills under $500 – Reviews

1. Milwaukee 2717-20 M18 Max Rotary Hammer Bare Tool

Milwaukee 2717-20 M18

Milwaukee designs their products for unlimited power and durability. And this product Milwaukee 2717-20 M18 is no exception.

This product can easily go with the term “best cordless drills under $500”. Milwaukee put their exclusive innovations in this product, which is REDLITHIUM battery pack, have extra power than the usual Lithium-Ion batteries; POWERSTATE Brushless motor, more powerful than the standard ones; REDLINK Plus intelligence software and hardware for extreme durability.


  • Ultra-new FUEL technology gives the fastest charging facility and 20 minutes runtime on a single charge. It is also responsible for delivering fast speed as the corded ones and also the same durability as them.
  • REDLITHIUM XC HIGH DEMAND 9.0 batteries provide the longest run time and more power and recharge than the usual Lithium-Ion batteries.
  • Innovative POWERSTATE Brushless motor gives 5ft lbs. high energy (0-450rpm & 0-3000bpm)
  • REDLINK PLUS intelligence software and hardware are known for offering more durability on cordless drills, as it prevents overheating and overloading of the tool, charger and the battery.
  • This product of Milwaukee does not include a battery.

Detailed Specifications:

  • Part Number: 2717-20
  • The weight of the item: 14.1 pounds
  • Item Dimensions: 18.7 x 11.7 x 5.3 inches
  • Color:  red/black/silver
  • Source of Power: Battery
  • Voltage: 18 V
  • Components included:  Magnesium Gear Case, to make the product lighter in weight and provide a durable protection; Clutch for the protection of the Gear, which prevents spinning if the drill started binding up; changeable Speed Trigger; variable Side Handle;  LED Light
  • Included Batteries: NA
  • Batteries Required: No


  • Fuel technology to boost the charging facility of the batteries.
  • REDLINK Plus prevents overheating of the drill.
  • POWERSTATE Brushless motor, powerful than usual.
  • Good design.


  • Doesn’t include batteries.
  • The gripping comfort of this drill is a bit low.

2. Hitachi KC18DG6LPA

Hitachi KC18DG6LPA

Being a Japanese Multinational Company, manufactures various kinds of things from software to hardware, from power tools to electronic types of equipment. Power tool, manufactured by Hitachi are considered to be among the best ones. So they’re under $500 cordless drills having no exception, deemed to be among the best cordless drills under $500. Being lighter in weight and having an ergonomic design, Hitachi KC18DG6LPA cordless drill provides 487in lbs. Torque for a smooth user experience. This product included a reciprocating saw, circular saw, and a jigsaw in the box.


  • This hammer drill provides 487 in lbs. torque while having a Lithium-Ion battery pack
  • The voltage of the product is 18V and the weight of the impact driver is only 3.1 lbs. Being such light in weight, this driver still provides a higher driving torque (1280 in lbs).
  • Included Li-ion (18V) reciprocating saw the stroke length of 1 inch and 3300 SPM, which offers the user an easier faster cutting experience.
  • For faster and smoother cutting experience the circular saw (included in the box) has 6-1/2 inch blade and provides 4500 rpm
  • Jigsaw has the same stroke length of the reciprocating saw, which is 1 inch and it provides 2400 rpm.
  • This hammer drill has LED lights, to help the operator using the drill even in darker places.
  • Two 18V Li-ion 3.0 Ah batteries (slide type) are included in the package of the box. Exclusive slide type compact 3.0 Ah are designed for lightweight and compact in size.
  • Kit includes 2 Driver bit, 6-1/2 inch (by Philips) and a blade bag and carrying bag.

Detailed Specifications:

  • Part Number: KC18DG6LPA
  • The weight of the item: 38 pounds
  • The dimension of the product: 25 x 14 x 14 inches
  • The model number of the item: KC18DG6LPA
  • Batteries: included 2 Lithium-ion batteries
  • Batteries required: Yes
  • Source of Power: Battery
  • Voltage: 18V
  • Watts: 54 watts
  • Torque: 1280 in lbs.
  • Components included: two 18 volt Compact 3.0 Ah batteries;  charge of the batteries; 2 driver bit (by Philips);  one 18T Circular Saw Blade 6-1/2 inch; two Reciprocating Saw Blades,  two Jig Saw Blades for cutting woods and one jigsaw blade for cutting metals; carrying bags
  • Cell type of the batteries: Lithium-Ion


  • Capable of producing high torque, even after rough uses
  • Superior quality built
  • Value for the money
  • Charges fast


  • The Impact driver is not enough powerful
  • The charge doesn’t hold much longer

3. Ingersoll Rand W7150-K2

Ingersoll Rand W7150-K2

Ingersoll Rand W7150-K2Ingersoll Rand is a well-known brand for manufacturing power tools. Having no exception like the other power tools by Ingersoll Rand, Ingersoll Rand W7150-K2 cordless drill is among the best cordless drills under $500. It is popular for its durability, reliability and smooth user experience.

  • This exclusive product of Ingersoll Rand has powerful nut busting torque of 1100 ft lbs and has only 6.8 lbs. of weight.
  • For the durability, this item has a highly efficient Earth Magnet motor with highly capable (variable) speed trigger. And this item also has an all-metal Impact driver which is capable of doing the toughest job.
  • The modern ergonomic handle and over-molded soft touch grip provide users the ultimate comfort while working with a drill.
  • The powerful 20V battery provides longer run-time and fast charging capacity. So you can now use your cordless drill without worrying about the recharge.

Detailed Specifications:

  • Part Number: W7150-K1
  • The weight of the item: 15 pounds
  • Dimensions of the product: 18.6 x 15.3 x 5 inches
  • The model number of the item: W7150K2
  • Batteries: Included one Lithium-ion battery.
  • Battery Required: Yes
  • Color: Grey
  • Style: Charger and two 3.0 Ah Batteries
  • Source of power: BatteryVoltage: 20V
  • Torque:  780 ft lbs.
  • Sound Level of this drill:  100 dB
  • The number of handles: 1
  • Speed: 1900 rpm
  • Cell type of the batteries: Lithium-Ion


  • The battery power of this tool is great
  • Great impact driver in this price range
  • Well-built quality
  • High torque


  • Carrying case is not good enough
  • short time warranty



For all the mechanical geeks, Dewalt’s power tools are the one-stop solution. Their new product Dewalt DCK655X among the cordless drill is one of the best cordless drills under $500. Dewalt is well-known for their item’s reliability and excellent capability of the product. This hammer drill has 18V of power and manufactured in the USA.


  • This product comes with 18 volts cordless six toolkits
  • Extremely easy to use
  • Manufactured in the USA
  • This 18 V cordless drill has 3-speed metal transmissions, capable of delivering up to 450 watts.
  • This hammer drill box includes a circular saw, having a 6-1/2 inch blade; and a reciprocating saw.
  • The powerful Impact driver provides 1330 inch lbs. of maximum torque
  • Includes flood light which provides a hands-free user experience.

Detailed Specification:

  • Part Number: DCK655X
  • The weight of the item: 40.7 pounds
  • Dimensions of the product: 25.7 x 13.9 x 9.2 inches
  • The model number of the item: DCK655X
  • Color: Black and Yellow
  • Source of power: electric
  • Voltage: 18 V
  • Components included:  one circular-saw
  • Included batteries: Yes
  • Require batteries: Yes
  • Cell type of the batteries: NiCAD


  • Powerful flashlight
  • 90 days money return guarantee
  • Included batteries
  • High torque


  • The design is not so impressive.
  • Batteries are not good enough



Again it is Dewalt, to provide you the best experience with their cordless drill Dewalt DCK286D2. Like all the other power tools of Dewalt, this product also has enhanced capability in its job. It has “easy to understand” controls to provide a better operator experience. And also it does not have any specifications so that you don’t have to be a mechanical engineer to use this device.


  • Dewalt’s own exclusively powerful Brushless motor provides 57% longer run time
  • This product has XR Lithium-ion batteries with fuel gauge system to provide 33% more capacity
  • This hammer-drill comes with 20 volts of power with ¼ inch Impact Driver.
  • This drill box includes two XR Lithium-ion batteries
  • The most significant specification of this drill is its 10X Magnetic Screw Lock

Detailed Specification:

  • Part Number: DCK286D2
  • Component included: Bare-Tool with screw driving set
  • Cell type of the battery: Lithium-Ion


  • Has plenty of power
  • Great impact driver for a hammer drill
  • Long-lasting durability
  • Great tool for beginners


  • Battery quality is so so
  • The design is not that much good.

6. Makita BDF452HW

Makita BDF452HW

Makita is considered to be one of the leading brands among the best power tool manufacturer companies.  When it comes to manufacturing cordless drills, Makita does stand for the supreme quality of the devices.

The Makita BDF452HW has an ergonomic design, eye-catching to the young mechanical geeks. Makita is providing the tool and good warranty coverage over the charger and the batteries. 


  • Makita’s own four pole motor is capable to deliver 450-inch lbs. of maximum torque. And its changeable 2-speed metal transmissions are capable of providing 0-500 rpm
  • This eye-catching ergonomically designed tool has 8” length and weighs only 3-1/2 lbs.
  • Have inbuilt LED lights to illuminate the working place
  • Makita’s LTX Lithium-ion batteries are extremely capable of producing a total of 430% lifetime work along with more cycles (2.5X)

Detailed Specification:

  • Part number: BDF452HW
  • The weight of the item: 9.8 lbs.
  • Dimensions of the product: 22.9 x 10.2 x 5.3 inches
  • The model number of the item: BDF452HW
  • Source of power: electricity (cordless)
  • Voltage: 18 V
  • Components included: Battery
  • Included Batteries: Yes
  • Require batteries: Yes
  • Cell type of batteries: Lithium-ion

Additional information:

  • International shipping: not eligible 


  • Best warranty coverage
  • Battery quality is good
  • Has fast charging facility
  • Very light in weight


  • Doesn’t have many specifications in this price range

7. Milwaukee 2601-22

Milwaukee 2601-22

This specific product of Milwaukee does not have many specifications to deal. Though this tool is simple and easy to control, yet provides heavy-duty while working. Have advanced bit grip to give the operator utmost comfort. 


  • Both plastic and metal bodied tool are available. Though metal one is more durable than the plastic one, both work very well
  • Imported
  • This Milwaukee product has the heavy-duty metal gearbox with 2-speed settings to work without any hitches
  • The mighty compact motor is capable of delivering 400 in lbs. of max torque
  • The inbuilt LED light of Milwaukee 2601-22 is ideal for the workers, works in darker areas.
  • This tool is extremely light in weight. It weighs only 4 lbs. So it will be the perfect choice for professional mechanics.
  • As it has an advanced bit grip with the unique Yukiwa Chuck, anyone will definitely feel the comfort while using it. 

Detailed Specification:

  • The weight of the item: 8.8 pounds only
  • Dimensions of the item: 14.7 x 12.5 x 4.8 inches
  • The model number of the item:  2601-22
  • Source of the power: Battery
  • Voltage: 18 V
  • Components included: only the tool
  • Included batteries: Yes
  • Require batteries: Yes
  • Cell type of the battery: Lithium-Ion


  • Excellent warranty coverage
  • Feels comfortable on the hand
  • Smooth application speed
  • Incredibly light in weight


  • Battery quality isn’t good enough
  • Design is unremarkable

8. Makita LCT400W

Makita LCT400W

This exclusive tool of Makita has plenty of specification, to give the pro user a fun time while dealing with this cordless drill. This tool can easily stand with the other contemporary best cordless drills under $500.

Though handling this drill will be a little difficult to the beginner mechanics, but they become habituated with this tool, they will also enjoy its company. This product is ideal for the price conscious people, as this tool features many useful specifications.


  • Makita’s own built four pole motor provides 480 in lbs. of maximum torque
  • Changeable 2-speed setting Driver/Drill (1/2 inch) provides 0-400 and 0-1500 rpm and it is extremely light in weight, it weighs 3.3 lbs only
  • Speed changeable impact driver delivers 1420 in lbs. of max torque and weighs 2.8 pounds only
  • Special Xenon Blub four-position flashlight has a 2 hour of run time per charge
  • Makita’s built lithium-ion battery provides more application run time
  • The Rapid Optimum charger can give the batteries an enhanced lifetime in only 15 minutes of charging.
  • For longer runtime, this tool accepts 18 V Makita’s LXT lithium-ion battery.
  • Excellent warranty coverage for additional components, batteries, charger, and flashlight
  • For addition, this tool comes with a carrying bag. 

Detailed specification:

  • Part number: LCT400W
  • The weight of the item: 26.9 lbs
  • Dimensions of the product: 27 x 13 x 11 inches
  • The model number of the item: MAKLCT400W
  • Color: white
  • Source of power: electricity (cordless)
  • Voltage: 18 V
  • Components included: battery
  • Included batteries: Yes
  • Require batteries: Yes
  • Cell type of the battery: lithium ion


  • Great flashlight included in the package
  • Fast charging available
  • Handy carrying case
  • Smart design


  • Battery life is not good
  • The charger is not a multi-voltage charger



This specific cordless drill of Dewalt is exclusively designed for both beginner and pro usage. A simple 20 V cordless drill can provide heavy duty without any difficulties. If you want to improve your home and need a cordless drill, capable of giving you a superior performance even after 100 times of usage, then this drill is for you.

As it is extremely light in weight, so don’t hesitate to carry this bare tool everywhere you want to. And if the electricity goes off in the middle of working with the drill, for that this tool has the perfect solution, it has a powerful inbuilt LED light.  


  • Ergonomic design
  • Imported
  • The Supreme 20 V Lithium-Ion batteries provide longer durability and run time.
  • This tool’s all metal transmission with the 2-speed setting is meant for faster application speed and longer run time.
  • Heavy-duty metal racketing chuck (1/2 inch) is designed for advanced bit grip and the utmost user comfort.
  • After trigger release, the In-built LED light has the 20-second delay.
  • The highly efficient motor can deliver 450 unit watts for higher performance. 

Detailed Specifications:

  • Part Number: DCD980L2
  • The weight of the item: 5.2 pounds
  • Dimensions of the product: 4.8 x 16 x 13 inches
  • The model number of the item: DCD980L2
  • Color: Yellow
  • Source of power: electricity (cordless)
  • Voltage: 20 V
  • Wattage: 535.00
  • Component included: bare-tool
  • Included batteries: Yes
  • Require batteries: Yes
  • Cell type of the batteries: Lithium-Ion


  • Long lasting ergonomic design
  • Gets fully recharged in just only 2 hours
  • Good LED light
  • Doesn’t produce much noise while the application


  • Battery drains quickly
  • The lock mechanism is not user-friendly 

10. Milwaukee 2763-22 M18

Milwaukee 2763-22 M18

Here Milwaukee is providing one of the best cordless drills under $500 within the relatively low price, at only $354. If you are among the “value for the money” conscious people, then this cordless drill is ideal for you. All the specification within this price range is really noticeable. So stop believing in the expensive ones from now on.


  • High- performance cordless drill, capable of delivering two types of torque, fastening and nut-busting torque. With twice more runtime, it provides up to 700ft lbs. of fastening torque and up to 1100 ft lbs. of nut-busting torque
  • Milwaukee’s unique POWERSTATE Brushless motor is capable of outpowering its contemporary competitors without overheating problem.
  • Milwaukee’s innovative REDLINK Plus intelligence software and hardware allows the user to choose among 2 modes of fastening application with Milwaukee’s own DRIVE CONTROL feature.
  • Again Milwaukee’s proprietary REDLITHIUM XC 4.0 Ah battery provide twice more run time than the normal Lithium Ion ones.

Detailed specifications:

  • Part number: MWK276322
  • The weight of the item: 15 lbs.
  • Dimensions of the product: 16.1 x 4.3 x 12.6 inches
  • The model number of the item: MWK276322
  • Batteries: two REDLITHIUM XC 4.0 Ah batteries included
  • Included batteries: Yes
  • Require batteries: Yes
  • Color: Red
  • Source of the power: battery
  • Cell type of the battery: lithium ion
  • Voltage: 18 V
  • Components included: carrying case


  • Best product on this price range
  • Great carrying case
  • Smooth and hitches free application
  • Comes with two batteries


  • charger does fail sometimes
  • torque power is not that impressive.

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