Depending on how you use it, it might work for you. But I installed it in a drill press and immediately noticed that the tip of the drill bit was spinning like crazy. Watch the video but it doesn't work for my project. I sent everything back as defective and asked for another one. A new one came with the same problem. I have returned too. Switched to a similar model from Lennox which was a bit more expensive but was correct and worked well for my application of drilling large holes in oak boards.