About SpeedOut

Set to the dramatic backing music of a Hollywood movie, the SpeedOut’s promotional video claims that this specially designed drill bit can be used to extract in 10 seconds or less a stripped screw or a bolt that has had its head broken off.

See Also: Beware: Not Following These 6 Tips Could Cost You Money on Your Next “As Seen on TV” Purchase

The SpeedOut, reportedly good for home do-it-yourselfers, hobbyists, boat owners, mechanics and carpenters, is an Ontel product.

How SpeedOut Works

Each SpeedOut comes with two sides, a cutting side and an extracting side. You insert the SpeedOut into your drill with the cutting side facing out and drill into the stripped screw or the broken bolt. Once you’ve cut into it enough, you turn the SpeedOut bit around so the extraction side is facing out, insert it into the freshly cut end of the screw or bolt, and extract it.

The SpeedOut promotional video and website says it works on: philips, flat, hex and painted over screws, as well as the aforementioned broken bolts, plus it works with any drill.

Made from durable, hardened steel, the reusable SpeedOut apparently works on both wood and machine screws, removes screws without the use of drilling and each kit ordered comes with four different sizes of SpeedOut bit along with a lifetime warranty that states if it breaks, the company will replace it no problem.

There are no consumer reviews for the SpeedOut online yet, but it has received glowing reviews from review bloggers who received a product from the company to review. (These “opinions” are always highly suspect because they receive the merchandise for free and rely on companies to send them things to review so it’s in their best interest to provide positive reviews.)

People have stated in forums that there are a lot of similar products on the market and have been for a long time so this isn’t anything new, just an old idea in new clothing. 

SpeedOut Pricing, Shipping & Return Policies

For a “limited time” you can get a four-piece SpeedOut kit with four different sizes of SpeedOut bit for $19.95 with free shipping and handling in the continental US. Or you can purchase two SpeedOut kits for $31.90 with free shipping and handling in the continental US.

You can currently buy three SpeedOut kits and get two free with free shipping and handling to the continental US for a total of $59.85 for five SpeedOut kits.

You also have the option of getting an Easy Out Light Bulb Extractor (for removing broken light bulbs) for a processing fee of $6.95. (You can opt out of the light bulb extractor offer.)

Each order processed through the website will have a $1 “web fee” added to it.

The SpeedOut comes with a 60-day money back guarantee that states if you are not completely satisfied with your purchase, you can call the Customer Service department to issue you a Return Merchandise Authorization number before you mail your items back along with your original receipt. You will be responsible for the cost of sending the product back.

Be warned that the money back guarantee also states that all returned merchandise must be unworn and unused, meaning if you decided you want to return the SpeedOut after you’ve used it, it appears you will be out of luck.

Bottom Line

Although the SpeedOut would be wonderful if it worked as advertised, the question is: Does it? As mentioned, people have pointed out that there are other similar products in hardware and department stores and they all seem to work some of the time and fail miserably some of the time (as per online consumer reviews). It’s not easy to judge something like this because you pretty much have to judge it on a situation-by-situation basis. Some stripped screws are just going to be a lot easier to get out than others.

If you live anywhere near a hardware store, it might be worth it to go have a look at the similar products they have for comparison purposes. The good thing about the SpeedOut is its lifetime warranty that guarantees replacement if it is broken. How easy will it be to get that replacement? Let’s just say, customer service for these types of TV offers is notoriously bad. 

25 Customer Reviews for SpeedOut

Average Customer Rating: 1.5
Rating Snapshot:
5 stars: 2 4 stars: 0 3 stars: 0 2 stars: 3 1 stars: 20
Bottom Line: 8% would recommend it to a friend
Showing 1-20 of 25
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  • SpeedOut Purchase

    I went down to my local Walmart and I saw the SpeedOut in their "As Seen on TV" section. I purchased it at the store for only $19.94. I did not have to worry about any shipping and handling. It was right there in the store. Yes it is available in stores. I'm very happy with the product so far.

    Bottom Line: Yes, I would recommend this to a friend

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  • Lousy service

    • by E Pfeiffer,
    • CA,
    • Feb 10, 2015

    Don't buy from them. Bad business practices. Lousy service. They canceled my order and did not notify me. They said they didn't take debit cards, such crap.

    Bottom Line: No, I would not recommend this to a friend

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  • 2 out 2 people found this review helpful

    SpeedOut works!

    • by Tom Fergus,
    • Dec 25, 2014

    This product worked perfectly on a steel screw that was in with loctite. It absolutely got me out of a bad jam. Received it as a gift so no experience with telemarketers.

    Bottom Line: Yes, I would recommend this to a friend

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  • 2 out 2 people found this review helpful

    A scam not to be trusted

    • by Larry Whited,
    • Fl,
    • Dec 19, 2014

    They scam you into things you don't want. If you want this item, go to Lowes or Home Depot and buy it! Pay $19.95, don't get scammed for $60.00 like they did me.

    Bottom Line: No, I would not recommend this to a friend

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  • 7 out 7 people found this review helpful

    Complete garbage

    • by Grant Bishop,
    • Wilson, WY,
    • Oct 28, 2014

    Bought it to remove a screw stuck in a ski mount. I usually can get the screws out easily by hand. The screw was in a female end fastened with a dab of lock tight. This should not be a difficult application for a product of speed outs claim of 10 seconds. This product is absolute garbage. Whatever application you have you would be better off using other means.

    Bottom Line: No, I would not recommend this to a friend

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  • 8 out 8 people found this review helpful

    Speed out SUCKS!

    • by Stephen DeJarnatt,
    • Layton, UT,
    • Oct 9, 2014

    Stripped out a bolt that is impossible to get to on a Volvo engine block and the drill bit won't even get a bite. I absolutely have to get this bolt out before winter sets in and the water freezes. DO NOT under any circumstances buy this garbage!

    Bottom Line: No, I would not recommend this to a friend

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  • 8 out 8 people found this review helpful

    Would not recommend even to a monkey.

    • by Han Sam,
    • Las Vegas, NV,
    • Oct 3, 2014

    Ordered these but have yet to remove any stripped or broken head screws. In fact, it just made it worse. I had to use a drill bit to get them out. Easier than using these things.

    Also, after ordering the SpeedOut item, my newly created email was bombarded by spam from this site.

    Bottom Line: No, I would not recommend this to a friend

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  • 12 out 12 people found this review helpful

    Bad Company

    • by Bruce,
    • Pittsburgh, PA,
    • Sep 3, 2014

    I ordered the product, and before I received it, I got a call from a coupon company saying I should receive my order soon and I was also signed up for a membership for their coupons. $29.99 per month. If I didn't want it, I have to cancel it after my SpeedOut product arrives. I said I do NOT want a membership to anything, all I want is my SpeedOut product. They said, well you have to cancel it then. I saw a charge in my bank account from them. Notified my bank, cancelled my card, and emailed the company about how horrible and deceitful they are! And f course, had to cancel the membership they signed me up for! This is a very bad company that takes money out of your account unauthorized! Do not buy from them!

    Bottom Line: No, I would not recommend this to a friend

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  • 8 out 8 people found this review helpful

    Ripped off... Ripped off!

    • by Mike,
    • Batavia, IL,
    • Aug 11, 2014

    Beware! No Good Company.

    Bottom Line: No, I would not recommend this to a friend

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  • 13 out 13 people found this review helpful

    Bought speedout at walmart

    • by Jimmy,
    • Russellville, AR,
    • Jun 20, 2014

    Bought one at Wal-Mart and these are worthless and nothing but a joke!

    Bottom Line: No, I would not recommend this to a friend

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  • 15 out 15 people found this review helpful

    SpeedOut is Junk!

    • by Todd,
    • Jun 2, 2014

    I ordered two since it seemed like such a good deal. I just tried to use it on a bolt that had broken. The bolt is still on and my speed out bit is worn down to a nub!! Useless. I've been scammed!

    Bottom Line: No, I would not recommend this to a friend

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  • 18 out 18 people found this review helpful

    Bad order practice

    • by P Armstrong,
    • Hayward, CA,
    • May 9, 2014

    I am in agreement with all the other reviews. I just got off the phone with my credit card and am sending this item back. I only wanted ONE and by the time I got them off the phone-5 were ordered! I just received them and am sending them back! Their process is very wrong and they don't listen to you. Anyway I did learn a lesson-I will never do that again.

    Bottom Line: No, I would not recommend this to a friend

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  • 25 out 26 people found this review helpful

    Product works, bad business practices

    • by Bobby Hood,
    • Matthews, NC,
    • Apr 6, 2014

    Initially ordered this product from TV ad, before I knew it the bill was twice the amount I expected. Nonetheless, I continued with the order and it seems like forever before it showed up. Once I used it to get out of a jam, suprisingly it worked very well and I was so pleased. I ordered another one as a gift for someone, the website said "free shipping" however when you look at the order confirmation, it added the 6.95 for shipping - too late to cancel at that point. Also, the free light bulb extractor which indicated was free but at the final order, they charge 6.95 for processing in addition to that, there is a 2.95 internet ordering fee which they do not inform you of when placing the order.

    So, I started out with a 19.95 on a free shipping item but at order confirmation the bill was 39.95. The item does work but for 40.00 I might have had other options. You're on your own and if you think it's a good deal, you can expect to pay more than you originally thought. Good luck because they are looking for "suckers".

    Bottom Line: No, I would not recommend this to a friend

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  • 21 out 22 people found this review helpful

    Be afraid; be very afraid

    • by Carter,
    • Chester, NH,
    • Mar 29, 2014

    Wife ordered these things for me as a surprise. I got a phone call in which they said they were about to be shipped. They wanted to verify my address, then handed me off to someone else who told me my credit card would be charged $29.95 each month for some discount program unless I called the number accompanying the product to cancel.

    I put a hold on our credit card. Credit card agent said it was suspicious because they had called me on a day when they were "closed". And my wife told me later in the day we had already received them! Haven't used 'em, but to this mechanic of 50 years they appear to be crap. Stay away.

    Bottom Line: No, I would not recommend this to a friend

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    • Apr 7, 2014

      Amy

      I had the same weird phone call. I had to get downright NASTY with the person on the phone, as they wouldn't let me get a word in to decline the offer. When I said I didn't want it, they transferred me to someone else. Awful business practice!!!

    • May 17, 2014

      Nicole

      Do you know the number to the discount company to cancel? The same thing happened to me I'm so mad!

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  • 21 out 21 people found this review helpful

    Don't do it...

    • by Edgar Feliciano,
    • Lawrenceville GA,
    • Mar 26, 2014

    Because they take your credit card # upfront you are screwed, Big mistake, they try to get you to upgrade to some other junk they offer and at the end they let you know that the free shipping means you will get it in 8 to 12 weeks. You have to say NO 20 times before they let you go. (unreal), I have no idea how our Laws allow this company to exist. This is real bad for everyone, except of course them.

    Bottom Line: No, I would not recommend this to a friend

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  • 21 out 21 people found this review helpful

    Bait & Switch

    • by Bob R,
    • Washington,
    • Mar 18, 2014

    Went to order a set of these for myself thinking its a pretty good deal. The order process was easy but required your credit card up front. Once the order was processed, with name address etc, they offered an upgrade of 1 unit at 19.95 and a second at 10.00. Sounded good. I said yes. This also stated free shipping and no processing fees. even better. Order went through then the bill for 73.00 dollars came up??? WTH??? e-mailed the customer service right away to stop the order or have it corrected. No Luck. Waited until product arrived. Three came in package, again WTH???

    Called the Customer service number on the package only to be told they have "Upgraded me to the PRO unit at 29.95 ea" Again WTH??? Said they would allow me to return them for refund using the order number as an RMA. Scared that it may be lost in shipping or wait forever for my money back I decided to try and sell them at work.

    If this doesn't work I will try to send them back with return receipt and hope for the best. BAIT & SWITCH!!! Byer beware..

    Bottom Line: No, I would not recommend this to a friend

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  • 18 out 19 people found this review helpful

    What the heck am I being charged for?

    • by Danny Upchurch,
    • California,
    • Mar 13, 2014

    Called to order one set for $19.95, after being ask over and over to buy more stuff I got fed up and hung up. My card was charged $64.95 How do I cancel this crap, what's their phone number?

    Bottom Line: No, I would not recommend this to a friend

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  • 17 out 17 people found this review helpful

    rip off, stay away from this company.

    • by Randy D. Smith,
    • Big Sandy, Tx,
    • Mar 13, 2014

    Can't review because they never sent it, 50 dollars down the drain.This place should be shutdown.

    Bottom Line: No, I would not recommend this to a friend

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    • Mar 26, 2014

      Doris in NC

      I just got 5 sets in the mail after ordering only one set. The box did not contain an invoice. I think I have been scammed. I wonder whqt my credit card bill will be? I have learned a good lesson however--check out the company online before buying anything.

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  • 21 out 22 people found this review helpful

    Speed out or Grab it

    • by Frank,
    • NC,
    • Feb 26, 2014

    I ordered onlien and found an extra item for an additional $10.00 added to my order. There was no way to remove it or to speak to anyone! Rip Off!

    Bottom Line: No, I would not recommend this to a friend

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    • Mar 19, 2014

      steve

      piece of crap rip off company and product. BEWARE !

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  • 24 out 26 people found this review helpful

    Even the commercial can't be believed

    • by Bob,
    • Florida,
    • Feb 11, 2014

    Though I have never used this product...my bother has and he has already thrown it away. I was watching the commerical yesterday and notice that one of the screws they were taking out turned alittle when they just placed the drill bit on it......that was pretty loose. Stay away for this product

    Bottom Line: No, I would not recommend this to a friend

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