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Author: Subject: A Complete Build cost summary.
richy

posted on 3/2/13 at 10:55 AM Reply With Quote
.
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sadhana

posted on 8/5/13 at 10:17 AM Reply With Quote
Hai i am new to this forum.
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Irony

posted on 8/5/13 at 10:33 AM Reply With Quote
I think the OP budget is spot on and realistic for a decent car. Yes you could probably do it cheaper but most people just won't want to when it comes down to it.

I also think that there is a sort of opposite 'fishermens tale' going on at locostbuilders. Lots of people on here constantly say "oh well I built my entire car for thruppence and a tin of brasso" when in reality it cost them £7000. I think builders 'accidently' forget little purchases that actually add up to a lot.

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Jimmy-boy

posted on 6/2/14 at 08:54 PM Reply With Quote
very nice is good to reflect how much has been spent, had a decent spreadsheet for my 106 on bodies managed to total £12k+
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Melly

posted on 5/11/15 at 02:28 PM Reply With Quote
Hi all, my first post here, could the OP break down the £1002 allocated to the legal costs please ?
Regards Simon

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Rosco86

posted on 5/11/15 at 02:33 PM Reply With Quote
Legal...........................................£1002

Luego VIN plate...............................25
Number Stamps...............................14
IVA Test.........................................450
IVA Retest.......................................90
Road Tax.......................................205
Registration Fee..............................55
Insurance (Iím 53!).......................127
No. Plates.......................................28
Tax disc holder .................................8







My Build Thread

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owelly

posted on 5/11/15 at 03:16 PM Reply With Quote
You can now deduct the £8 tax holder.





http://www.ppcmag.co.uk

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jps

posted on 5/11/15 at 03:23 PM Reply With Quote
Very interesting to see - I have a spreadsheet for both costs to date and projected costs - some tools I don't count on the basis that I am buying them to be available for me for the rest of my life (e.g. a decent socket set/a trolley jack) - but specific tools for the build I am including.

So far I'm looking at roughly £7.5k - i've spent nearly half that, so am taking the view that i'm getting well committed to seeing it through!

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stevegough

posted on 5/11/15 at 03:49 PM Reply With Quote
quote:
Originally posted by Rosco86
Legal...........................................£1002

Luego VIN plate...............................25
Number Stamps...............................14
IVA Test.........................................450
IVA Retest.......................................90
Road Tax.......................................205
Registration Fee..............................55
Insurance (Iím 53!).......................127
No. Plates.......................................28
Tax disc holder .................................8





Well, thank you Rosco86, I managed to do that without moving my mouse...!

Just to bring the thread up to date with the final chapter....

I finally sold the car a couple of months after its first MOT.... (April 2014!!!)
I sold it for £6500...!

So..... The final cost (in real terms) ends up at

________________________________________
£8699 (because I still have the tools!)
- £6500
-----------
£ 2199
________________________________________


That's £2,199





Luego Locost C20XE.
Build start: October 6th 2008.
IVA passed Jan 28th 2011.
First drive Feb 10th 2011.
First show: Stoneleigh 1st/2nd May 2011.
'Used up' first engine may 3rd 2011!
Back on the road with 2nd engine may 24th
First PASA mad drive 26/7/11
Sold to Mike in Methyr Tydvil 19/03/14

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HowardB

posted on 5/11/15 at 03:59 PM Reply With Quote
now divide the number by number of hours that you spent working on it and driving it,..

2199 / 400 say will give you £5.50 per hour so slightly more expensive than going to the gym and slightly cheaper than going to the pub,...

reasonable if it's a hobby, and all wrong if it is a business!







Howard

Fisher Fury was 2000 Zetec - now a 1600 (it Lives again and goes zoom)

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alfas

posted on 16/2/16 at 09:21 AM Reply With Quote
2 years ago, i bought a "classic" locost. it had 2 trackdays done since built!!! (built, not re-built!!!)

means, it was practically like new. the only downside was the paintwork.

it was built up and prepared for the locost race series, but had lights , hazzard , indicators, everything you need for a road car.

the chassis was built up by a professinal motorsport company, professionally paneled, chassis and suspension freshly powdercoated and assembled with zinc-plated bolts in correct length and strength.

spec: freshly re-built 1300 x/flow engine, rebuilt live axle, new avo-shocks, new quality steering rack with short ratio (not a cheapish rallydesign one), all new quality polybushes with stainless inner sleeve (again not cheapish ebay ones), new bolts throughtpout the car. dash with new nice racetech-gauges, full roll cage, 2 new fibreglass seats (triton), new floor mounted pedal box with willwood masters, pressure residual valves, braided hoses throughout the car. professional wiring loom. new gel-battery with alloy fixing bracket.
bascially all technical parts (all!!!!) had been new or pedantically rebuilt

it came with a few bits & pieces which i sold...finally the car cost me 2100pound.

with a few mods it would have passed IVA.
i used the car successfully as a track car, only. was totally reliable in my 2 years ownership.

i know, for some people building is a part of the deal....but for that price i would not even think on starting a built, espeically as there would have been some "room" left for spannering (IVA).

[Edited on 16/2/16 by alfas]

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