“a consumer reports for the cheap” — the new york times
In this review:
  1. Cheap Cordless Drills, Best Cordless Drills
  2. Drill Size, Drill Power
  3. Cordless Drill Battery
  4. Drill Speed
  5. Cordless Drill Reviews, Best Cordless Drills
  6. Discount Cordless Drills Features Comparison Table
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Cordless Drills Features (continued)

Drill Speed and Torque.

Once you've settled on the optimal amount of power, you'll need to consider the related issues of speed and torque. Many larger and some smaller cordless drills have two maximum speeds -- low for higher torque when driving screws and high for lower torque when drilling.
The 19.2V Craftsman 17310 C3, and the 18V Ryobi P815 and Hitachi DS18VF3 boast two speeds -- the low maxes out at 440 rpm and the high at 1600 for the Craftsman 17310 C3 and Ryobi P815, and 400 rpm and 1200 rpm for the Hitachi DS18VF3. The 19.2V PowerGlide features variable speed up to 900 rpm.

The Porter-Cable and Bosch PS21-PA Pocket Driver are 12V cordless drills with two speeds; the former with a maximum 315 rpm and 1200 rpm, and the latter with a maximum 350 rpm and 1300 rpm. Other 12V cordless drills feature variable speeds; the Ryobi HJP002K reaches 600 rpm and the Skil 2240-01 hits 700 rpm. The cordless drills we researched also feature a reversible drive that lets you back the drill out or remove screws.

Good cordless drills also offer numerous clutch positions. The clutch is handy when using a range of bit sizes for one project -- lower numbers for small screws and larger numbers for big screws. The clutch disengages and the screwdriver bit stops spinning when the screw is sufficiently tight, which This Old House explains ensures that you don't strip the screw or over-tax the motor. Our picks for best and good cheap cordless drills have either 20 or 24 clutch positions; the Skil 2240-01 incorporates 15 and the 19.2V PowerGlide has 17.

Review continues below

Cheap Cordless Drills Frills.

Some manufacturers pack on a few extras. LED lights to brighten the target areas and belt hooks for keeping the cordless drill by your side grace the Porter-Cable PCL120DDC-2 and Craftsman 17310 C3; the latter also features an "add energy indicator" for the battery that users say they appreciate. All the cheap cordless drills we researched sport some sort of magnetic bit holder for a convenient quick change when you're in the midst of a job, and most come with a storage/carry bag. Drill bits are usually sold separately, but the Craftsman 17310 comes with two screwdriver bits, the Porter-Cable PCL120DDC-2 and Skil 2240-01 each come with one, the Hitachi DS18VF3 provides seven bits, and the PowerGlide comes with an accessories kit that includes multiple bits.

by Maralyn Edid (Google+ Profile)

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Best Cheap Cordless Drills

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Good Cheap Cordless Drills

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Don't Bother Cheap Drills

SKIL 2240-01

The Skil 12V 2240-01 cordless drill relies on the older NiCAD battery technology, which is a definite minus in our book. Its variable speed up to 700 rpm and good pricing win some fans, but others gripe about limited power, slow recharge, and no extra battery in the kit. Read more »

PowerGlide 2186955

This is another cheap cordless drill with the old NiCAD technology and a 3/8" chuck that isn't much of a bargain. Users like the variable speed but complain about weak motors and report problems with chargers and batteries going bad; users grouse that you can't buy these items separately.

 
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