Rent, Buy Used or Buy New: Mag Drill Cost Worksheet
Compare magnetic drill rental, used equipment and new purchase using complete job cost, condition, support and realistic reuse.
Compare your quoted rental cost with the full purchase package. Include cutters, consumables and estimated resale value.
The starting amounts are editable examples, not current prices or rental quotes. Compare equivalent packages and enter your own figures.
Net ownership cost: $700.00. Calculation: (purchase + extra costs − resale) ÷ daily rental cost, rounded up.
Resale is uncertain. Add tax, shipping, required cutters and adapters to the appropriate side. Downtime, financing, maintenance, weekly discounts and opportunity cost are not calculated.
Compare magnetic drill rental, used equipment and new purchase using complete job cost, condition, support and realistic reuse.
Find value in a budget magnetic drill by checking required capacity, complete accessories, documentation and service before price.
Choose a corded or cordless magnetic drill by power access, battery system, magnet design, job volume and complete kit cost.