Recommend a good drill press...
I have had a Craftsman drill press (Sears) for 20+ years and it is still going strong. It is a bench top model with 3 speeds. Their bench top tools are ideal for model work and best of all if you need a part it is only a phone call away. I have their band saw, belt sander and Jig saw also. The band saw has cut more wing ribs than I can remember, and in 15 years I have only had to replace a blade guide bearing. Craftsman stands behind its products and I have never had one become a problem. Try getting parts from Harbor Freight 2 or 3 years after you buy one of their drills!