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How to Save Money When Buying Tools

Timothy Dahl

By Timothy Dahl
Published September 6, 2023

When it comes to buying tools for personal or professional use, finding ways to save money can be a challenge. You want good tools, but you also want to pay the best price for them. These tips can help you save a significant amount on your next purchase.

A work shop table full of all types of tools.

Shop for Tool Combo Kits and Sets

A group of Kobalt tools combo kits.

If you need multiple tools or accessories, consider buying them as a combo kit or a set. You’ll get a lower price per tool this way, leading to substantial savings. Take inventory of the tools you need, then look for a combo kit that has them.

A Dewalt power tool combo kit.

DEWALT® Combo Kit

A Flex tools drill and bits combo kit.

FLEX Combo Kit

A Craftsman drill and driver combo kit.

CRAFTSMAN® Combo Kit

A Kobalt tools combo kit.

Kobalt® Combo Kit

Shop for Tool Only Items

A Dewalt circular saw.

Power tool batteries are expensive. Once you’ve invested in one, you can use that same battery to power a variety of tools from the same manufacturer. Look for products that say “tool only” and buy those. You’ll save money by not purchasing another battery and charger, which can sometimes double the price.

Find More Tool Deals from Lowe's

A dad and daughter shopping for tools.

There are a few great ways to get deals on tools from Lowe's. First check out Lowe's Deals of the Day which are one day deals for online purchases while supplies last. Most deals include tools as well as other household products. You can also check out Lowe's Weekly Ad which always has even more great deals on tools. And, don't forget that active-duty, retired, and military veterans and their spouses receive a 10% discount on eligible items.

Buy in Bulk

A group of power drills displayed on the wall.

Buying in bulk is another way to save on tools and materials. If you're a contractor you can often find deals on multiple tools and accessories for your crew, and homeowners can stock up on items like wet/dry vacuum bags and filters.

Buy the DIY Tool Brands

A Black + Decker outdoor power tool.

You’ll see a big discrepancy in cost between the DIY tool brands and contractor grade tools. For general homeowner use, a DIY tool brand is the way to go. If you aren’t using your tool daily, you’ll save a lot of money by sticking to brands like CRAFTSMAN® and BLACK+DECKER.

Rent Your Tools

Two people are using an auger to dig a hole.

If you’ve got a heavy-duty job coming up, consider renting tools to get the job done. You’ll save money since you won’t be buying expensive tools you will use just once.

Augers, trenchers, and jackhammers are great examples of heavy-duty tools that are best suited for renting instead of owning. You can even rent smaller tools like drills, reciprocating saws, and sanders if needed.

Take Advantage of Savings

A man shopping for a new drill.

Keep in mind Lowe’s often has savings events throughout the year but if you're shopping around Father’s Day or Black Friday, you'll often find a large selection of deals. Pro customers can join Lowe’s MVPs which earns you points on each purchase that can be redeemed for additional tools.

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