Yep, those are somewhat expensive.
My friend has this.
https://www.expondo.fi/msw-magneetti...r-min-10060431
Its about 420$ here. But, not suitable for bigger drills. ( Max diameter 1 1/4" ) of course that's enough in most cases.
I like that best part in my drill is that it can be used with 2" cutter.. bad thing is that good 2" cutter for 2" deep holes cost about 80$ itself.![]()

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