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Milwaukee’s 3494-23R M12 three-tool cordless combo kit has returned for the 2026 holiday shopping season at a reported $199. ToolGuyd says a two-tool drill-and-driver kit is also back at $149; availability, retailer details and how long the prices will last are not specified in the source.

Milwaukee’s M12 3494-23R three-tool cordless combo kit is back for the 2026 holiday shopping season at a reported price of $199, according to ToolGuyd. The kit adds a compact ratchet to a drill-and-impact-driver package, while a separate two-tool combo is reported at $149.

ToolGuyd lists the three-tool package as including Milwaukee’s M12 compact brushless drill, a compact brushless impact driver and a brushed 3/8-inch ratchet. The bundle also includes two 2Ah batteries, a charger and a tool bag. The source identifies the ratchet as an older brushed model, rather than one of Milwaukee’s newer M12 Fuel brushless ratchets.

The reported $149 two-tool promotion covers the drill-and-driver combination without the ratchet. That makes the price difference between the two bundles $50, based on the prices in ToolGuyd’s report. The report frames the choice around whether buyers want a cordless ratchet, but it does not provide retailer links, stock information or a confirmed end date for either offer.

ToolGuyd says the brushed ratchet is less powerful and has fewer features than the latest M12 Fuel brushless models, while describing it as a lower-cost option. The site also says it prefers the compact drill and impact driver’s ergonomics to those of the M12 Fuel versions, while acknowledging that the tools are less powerful. Those comments are the publication’s assessment, not manufacturer specifications or independent test results provided in the source.

At a glance
updateWhen: Reported for the 2026 holiday shopping…
The developmentToolGuyd reports that Milwaukee’s M12 3494-23R three-tool combo kit is again being offered as a 2026 holiday-season promotion for $199.

The $50 Ratchet Upgrade

The main buying distinction is whether a shopper values having a cordless ratchet alongside the drill and driver. At the reported prices, the three-tool bundle costs $50 more than the two-tool package. For buyers who expect to use a ratchet, that difference may make the bundled brushed model appealing; buyers focused on drilling and fastening can choose the less expensive kit.

The comparison is not a direct measure of value against every standalone ratchet or competing bundle. The source gives no current standalone prices, competing offers or detailed performance figures. Shoppers should weigh the ratchet’s brushed design and stated limitations against their needs, and check the kit contents and price with the seller before purchasing.

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How the Two Kits Differ

The promotion is a return of a holiday-season offer, rather than an announcement of a new tool platform. The three-tool kit combines two compact brushless tools with a brushed 3/8-inch ratchet, while the two-tool version omits that ratchet. Both prices are reported by ToolGuyd; the source does not identify a particular retailer or describe whether the offer is available nationwide.

ToolGuyd says similar promotional combo kits are likely to appear during the holiday season and advises that there is no need to rush because such deals do not usually sell out quickly. That is the publication’s expectation based on its view of past promotions, not a guarantee of stock or future pricing. The report also discloses that ToolGuyd may earn an affiliate commission from purchases made through its links.

“The holiday promo price for the 2-tool combo kit is also back, at $149.”

— ToolGuyd

Price and Stock Details

The source does not name the retailer carrying either kit, provide a direct current listing, or confirm whether the reported prices are available in every market. It also gives no promotion end date, inventory count or warranty details. Availability and final pricing may depend on the seller and location, so the report alone cannot confirm that a particular shopper can purchase the kits at these prices.

The source does not provide detailed specifications or comparative testing for the included tools. Its comments about ergonomics, power and the ratchet’s value should be read as ToolGuyd’s evaluation. It is also unclear whether either offer will be extended, replaced or discontinued as the holiday shopping season progresses.

Check Listings Before Buying

Shoppers interested in either bundle can check Milwaukee or authorized retailer listings for the 3494-23R kit and compare the listed contents, price and availability with ToolGuyd’s report. Before ordering, confirm that the package includes the batteries, charger and bag described in the report, and verify any shipping charges or return conditions with the seller.

ToolGuyd expects more promotional combo kits during the holiday season, but it does not give dates or confirm future offers. The next useful update would be a retailer listing with current stock and sale terms; until then, the reported $199 and $149 prices should be treated as the source’s account of the promotion, not a guarantee of ongoing availability.

Key Questions

What is included in the Milwaukee M12 3494-23R kit?

ToolGuyd lists a compact brushless drill, compact brushless impact driver, brushed 3/8-inch ratchet, two 2Ah batteries, a charger and a tool bag.

How much does the three-tool kit cost?

ToolGuyd reports a promotional price of $199 for the three-tool kit. The source does not specify the retailer or confirm how long the price will be available.

What is the price of the two-tool version?

The drill-and-impact-driver combo is reported at $149. It does not include the ratchet, according to ToolGuyd’s comparison.

Is the included ratchet a brushless M12 Fuel model?

No. ToolGuyd identifies it as an older brushed 3/8-inch ratchet and says it is less powerful and has fewer features than the latest M12 Fuel brushless ratchets.

How long will the deal last?

The source gives no end date and does not confirm current stock. Buyers should check a retailer’s listing for up-to-date availability and sale terms.

Source: toolguyd.com

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