It’s time for another round of example of funky retail price math, this time featuring the new Makita 18V cordless hammer drill.
I recently posted about the drill’s seemingly inflated torque claims, but here we’re just talking about tool pricing.
The new Makita XPH16T 18V cordless hammer drill kit seems a bit pricey at $359.
This kit comes with the drill/driver, 2x 5Ah batteries, and a tool bag.
The screenshot is from Tool Nut. Acme Tools has the same price, and I saw the same at other authorized dealers.
The new hammer drill is also bundled in a 2pc cordless combo kit. This XT296ST kit comes with the same XPH16 hammer drill, an XDT14 impact driver, 2x 5Ah batteries, charger, and tool bag.
The XDT14 launched at least 5 years ago – I referenced it in a 2018 post – and I found mentions of it in emails dating back to 2016.
It’s a bit strange for a brand new hammer drill to be paired with an older impact driver like this one.
The price for this 2pc combo kit is $339. Again, the same price is found at multiple authorized Makita tool dealers.
The drill kit is $359. Add in an impact driver and… the price goes down by $20?
At these retail prices, they’re basically paying you $20 to take the impact driver. Even if you don’t need it, $339 is lower than $359.
I’m not saying that this is a good price – $339 still seem high for what you’re getting.
At the time of this posting, Milwaukee’s M18 Fuel hammer drill and impact driver combo kit is $379 at Home Depot, plus you get a bonus battery. Both tools greatly outclass the ones in this Makita combo kit. Earlier this week, the Milwaukee combo kit was $349 for the two tools, 2x 5Ah batteries, charger, tool case, and a bonus battery.
$339 seems like a lot for a kit with a compact hammer drill and several year old impact driver.
Is the drill-only kit priced at $359 to make this combo kit seem like a great price at $339?
Actually, that makes sense. I wanted to try the Makita XGT cordless impact driver, and the way things worked out, I saved a lot of money by getting the combo kit with the hammer drill rather than just the impact driver in a kit, plus I got an extra bonus battery too. That was a few months ago, before the last price increase.
Maybe these kits will be discounted in a couple of months for the winter holiday shopping season, but it’s too soon to tell.