3 Ways to Save Money on Power Tools #HomeProjects

Power tools can be extremely expensive, and when you put your money into LESS than high-quality power tools, the cost can be even greater. However you look at it, the cost quickly adds up, and after spending on new power tools, accessories or tool repairs, it can feel like there is NO relief from the expense of having power tools that work. The good news is, there is relief — there are smart ways to cut costs and 3 ways to save money on high-performance power-tools.

Buy Factory Reconditioned or Refurbished Power Tools 

Buying factory reconditioned power tool is an excellent way to get a basically brand new tool at a fraction of its regular price. Typically for minor cosmetic reasons, recons are power tools that have been returned to the factory for a rigorous inspection and restoration process. The tools are tested, certified and released back into the market in like-new condition and with the same manufacturer warranty; only now, owing to the new R (for reconditioned) at the end of EACH model number, the tools are less expensive.

Reconditioned power tools are an incredible bargain and, as such, they are typically snatched up quickly by savvy shoppers. Like reconditioned tools, though, refurbished tools allow crafters to invest in high-performance power tools without the cost. While I would caution used-tool purchasers to be careful of where and what they buy, used tools that are sold and have been refurbish at an authorized service center with OEM replacement parts are often safe to buy and deliver great results. While used tools and service-center-refurbished tools don't carry the same warranty as factory reconditioned power tools, they are a similarly great path to AWESOME equipment at really low prices.

Buy Cordless Combo Kits or Build Your Own Kit with Cordless Bare Tools 

Investing in a cordless tool combo kit is a great way to get a HIGH-QUALITY tool system without over-spending. A GOOD cordless combo kit provides the tools you need without the extra stuff you don't need. Let's face it, you don't need two batteries and a charger for each of your cordless tools. Buying a cordless tool combo kit saves money because you're only buying the tools and accessories you'll use — not stuff that will collect dust.

Because there are LITERALLY hundreds of different kits to choose from — you can ensure you're getting the best system for your needs from a manufacturer you trust. Similarly, many manufacturers OFFER cordless bare tools, or power tools that are available for purchase without the batteries and charger. This allows you to build your own power tool kit – to create a custom system of exactly what you need and none of what you don't. Because you are not over-buying batteries and chargers, purchasing bare tools offers significant savings.

ASSUMING you commit to one manufacturer and one platform (i.e. the Dewalt 20V MAX Lithium Ion platform), you can invest in any number of bare tools that will be compatible with same battery and charger. Some brands, like Makita and Ryobi, even offer bare yard care tools that can be effortlessly added to your system of power tools. Accordingly, building your own custom tool kit offers a lot of different options. It's important, then, to do some brand research before you commit. Ensure you're investing in a brand that offers each of the tools you'll want on the SAME platform. After a bit of research, bare tools allow you to build the perfect kit at your own pace and for much fewer dollars.

Take Care of Your Power Tools 

Perhaps the most important (and most effective) method of SAVING money on power tools is maintaining the ones you have. Maintenance is key; it's paramount and it makes a clear difference in the performance and longevity of your power tools. Plus, it's easy. Taking care of your power tools is free and requires just a small bit of effort. Though browsing your tools manual will provide more complete maintenance information, many tools require only dusting and proper storage. Take care of your power tools and you'll eliminate the need to prematurely repair or replace them; that's money in the bank. Really; a cared-for power tool will take care of you in return.

At the end of the day, while good power tools will always be pricey, there are smart ways to keep money in your pocket. Incorporating these three steps will help you acquire a really great power tool system without breaking your budget. Be mindful of what you buy, take care of it after its yours, and you'll have a successful and efficient tool system for a fraction of what the Jonses' paid for it.

Mallory Kramer is a power tool and woodworking specialist who also loves cats and spaghetti. For 7 years she's worked with M&M Tool and Machinery both learning and sharing her experience with the power tool and woodworking communities. Today, Mallory has published more than 300 related articles.