Two basic formats: floor mounted and bench mounted. I have one of each. The floor model has a greater quill depth, one of the most important specs depending on what you use it for. The bench mounted takes up bench space but the bench can have drawers and such below for storage. I mounted the bench top drill press on a old kitchen cabinet base with a formica top.
I would never buy a new drill press with electronic control such as the one from Teknatool. Besides the cost, there is so much more that can break and the potential expense of repair might be high. Just ask the buy whose Teknatool lathe electronics failed and new parts were $400.
My two drill presses are Delta models with belt change on the pulley to adjust speed. Heavy duty crank to adjust table height. Nice tab;e and quill locks and depth stop. Plenty of power. Relatively inexpensive. Had one for over 20 years now. I keep one in my metal shop and one in the wood shop to keep oil away from the wood.
JKJ
regardless of which press you look at, always check for runout
at the chuck. T do this, run the quill down as far as it goes, grab the chuck,and try to move it from side to side. no movement is ideal.the less movement the better.
I have tested the drill presses at Harbor freight and found that sometimes the cheaper press is better than the most expensive one. So, if possible, test the one that you are actually buying. The press on the showroom floor may test perfect, but that is not the one you are taking home and using! Good luck!
Things that are important for me:
1. Adjustable speed range from about 250 to 3200 or so rpm
2. Floor model to have a larger range of drill height over bench models
3. Drill depth stop that is easy to use
4. Spindle height lock - use for sanding, buffing, and at current time using as press to hold glue job
5. 16" rating (8" from spindle to coumn)
6. Strong column and baseplate to minimize vibrations
7. Ease of changing speeds. Belt changes are manageable even with 3 shaft multi pully system
8, Crank elevator for table and easy to lock to column
9. Laser is not a big issue and can be added. Added but do not use
10. Light or easy to add light
The drill press in my shop gets a lot of use and I am on my third. Too old to buy the 4th, but there are some nice new models out there. You should be able to find a used floor model that handles most of the 10 needs above in your $400 range.
The quill lock is also handy when using the dp to work on lawnmower engine valves. Makes a great spring compressor.
Bill D
Nice Craftsman drill, I have the same one and use the quill lock a lot as well. Used it tonight when setting depth.
https://www.harborfreight.com/heavy-...ess-38142.html
I am not a big Harbor Freight fan, but this is one of their gems. I have mine for ten years without issues. At $220 (after a 20% off coupon it is a real value
One thing I only realized in the last few years is an easy way to tell how heavy duty a dp is. Just look at the column diameter. My walker turner 20" dp has I believe a 4+1/4" diameter main support column. It is also almost 1/2" thick wall. A similar size Dp at sears might have a 3+1/2" diameter and thinner wall as well.
Small bench top machines can get away with a smaller column since there is less lever arm.
Bill D