Not so cheap it will be hard work but not overkill for couple uses a month for 40mm holes.
I've tried to core a few 40mm holes with this
Bosch GBH 2400 2kg SDS Plus Hammer Drill 240V | NoLinkingToThis
And it works but keeps locking so guess not what it's meant for. Or it's on it's way out. Or I was holding it backwards. Or it was actually a dream. Come to think of it I was being assisted by a baboon in a tuxedo.
I've tried to core a few 40mm holes with this
Bosch GBH 2400 2kg SDS Plus Hammer Drill 240V | NoLinkingToThis
And it works but keeps locking so guess not what it's meant for. Or it's on it's way out. Or I was holding it backwards. Or it was actually a dream. Come to think of it I was being assisted by a baboon in a tuxedo.