Looks like a broken chuck.

 

Can I fix this or am I stuck buying a replacement chuck? .

Replace the chuck or buy a new drill...The choice is yours.

 

I suspect the chuck will cost half a new drill including batteries and about the same as a prescription co-pay. Since emergency room visits are substantially more, I suggest a new drill.

 

I just sheared off one my torx bits trying the remove the chuck (yes I know bolt is left hand threaded) so the repair/replace question may have just been decided for me. My day keeps getting better and better.

I've been very pleased with the performance of that drill, but I guess after 8 years I can't complain. I was hoping to pick up a second cordless when Christmas deals started, but I'm not sure I can wait that long (I tend to use drills 2 or 3 at a time).

 

Easier to just replace with a new chuck, this will probably outlive the life of the drill then. Cheaper than replacing, Is it corded or cordless? if it's corded then worth changing.

 

Chuck doesn't break...he breaks stuff.

 

Try unscrewing the drill chuck untill it is partially closed and whacking the drill's jaws with the plastic end of a screwdriver untill all the jaws are aligned. You can also try wobbling the chuck to persuade them. Worked well for me

 

@SamWise009 you are responding to a 9 year old thread, and banging on a drill chuck is not recommended. Zambia may have different protocols.