The best advice I've ever heard about buying tools for the first time is to first buy something cheap. If you use it to the point that it breaks, you know it'll be worth the investment to spend more and replace it with a better-quality option that'll last.
But if you're in the market for a power drill, you can get quality at an affordable price with this Amazon Deal of the Day on a Black + Decker Drill and Driver Kit. This 20-volt rechargeable drill is only $40 right now, marking the lowest price we've ever seen for a tool that usually costs $70. It's also the #1 best seller on Amazon with more than 800 positive reviews and 4.4 out of 5 stars.
This comprehensive set comes with:
• 1 fully charged 20-volt lithium ion B+D battery that lasts up to 18 months on a single charge (and a charger)
• A 24-position clutch to tackle virtually any project
• Up to 750 RPM
• 300 lbs. of torque
• 6 Brad point drill bits
• 10 1-inch screwdriving bits
• 9 2-inch screwdriving bits
• 4 nut drivers
• 1 magnetic bit tip holder
• A soft grip handle that's actually comfortable to hold while you work
Is it the absolute best drill money can buy? Probably not. But is it better than other 'affordable' options? Heck yes. At $40, you're getting an extensive drill set that'll hold its own for most household projects and let you decide if you need to invest in something more durable. If you don't use it all the time, you've got one when you need it and you can rest easy knowing you didn't spend an arm and a leg to have it. Plus, if you love it and it breaks, there's a 2-year warranty.
Prices are accurate at the time this article was published, but may change over time.