There hasn't been a hole that my regular M18 drill hasn't been able to do... Well, maybe not 100% true - i did burn up a motor an old one a few years ago. Aside from that, they have high output batteries that really do make a difference.
I got bits at an auction....think I paid about $40 for several 4' long bits. I highly recommend buying stuff at auction when 2 brothers who own a tree business cannot get along so it all gets liquidated. A lot of stuff when pretty pricey, but not many interest in those bits.
I've also bought a few shorter bits...not always necessary to use those long ones and the shorts are a lot easier!
7/16", 9/16", 11/16"...there may be a 13/16" or 7/8" but I don't think I've ever installed 3/4" hardware.