Fess up time.

How much money is tied up in the car you come on here to talk about ?

Is this place still really locostbuilders ?


I'll go first.

£1000 including the car, the ZX10 motor and everything else I have bought for it.
(Bought wrongly registered, hence the price, but I'ver fixed that so worth a bit more now maybe).

Anyone else care to admit ?

I reckon I'll have plugged the best part of £8k into my car by the time it's done.

i suspect I've done the same...£8K.

Mine topped out @ £3k but a substantial part circa 50% was tools and trick bits that were not really required, could do tomorrow for £1500 easily.

Not really locost though... but lower than most I suspect

about 6k, and alot more if you inc all the food i've eaten looking around the kit car shows.

[Edited on 28/8/07 by graememk]

The Dutton S3 with a 2.1 vulcan pinto in, brand new cobra roadster seats
Just under £1500

The Legerra with a 1.8 zetec and throttle bodies i'm on about £1000 at the moment with a bit more to spend on it

about £1200, but that included £250 of paint and £200 on other tools. all in all I'm quite happy

Less than £1,000 over 2 years so far but its not finished. I have an almost completed chassis (bought as an unstarted luego project), i also have a finished chassis needing some work that i got cheep, got 2 lsd sierra back ends,2 mk2 escort back axles, 4 gearboxes, 5 engines,4 cortina complete hub assemblies,4 gaz alloy shocks and springs,a set of twin 40 webbers and manifold, 4 sets of alloy wheels 13"-17" and lots of other handy bits. I am trying to be as locost as possible and am fabricating most parts and just picking up parts cheep as i go along. Its taking a long time to do but will be worth it in the end


Ronnie

ps none of the above is for sale

Somewhere between £4-5,000 I suspect. I kept an accurate count to start with, but gave up over the 3 year build. It cost me more than I budgeted, but also took twice as long so balanced itself in the end.

The knowledge, experience, people and end result far outweigh the hard cost of building a kit car for me - I suspect for a lot of others too


Edit to say...
Forgot to include SVA, insurance and tax so add ~ £400 to that and Tax is due again this month

[Edited on 28/8/07 by nick205]

Including any additional tools, all registering and 6months tax etc, I would say around £9,250.

I kept a pretty accurate log on money spent at first, but that waned toward the end as it got a bit frenzied, but I don't think I'd be far off with that figure...

Steve

some of these totals seem suspiciously low! Are we including all costs? - I have spent more on tools than some of you have claimed for the whole build!

I reckon my car currently owes me circa £8000 with at least another £1000 to get it on the road! (But, admittedly, I have been geeting a little carried away, eg £1100 for wheels/tyres!)

[Edited on 28/8/07 by DaveFJ]

The F1-2 cost me over 8K just in parts. So far the MotaLeira has cost me £13.5k.
I expect 15-16K at the end of the build.
I have bought everything new on the Motaleira for a new reg.
It might sound expensive, but a second hand 10 year old MK1 atom is 15K and mine should be quicker off the line than the MK1.
The latest new Atom is 38K and I am hoping that off the line, my car should equal or beat it.

mine was approx £6500.00 to build sva etc.
But spent too much sonce that day.

So far 3.5K, will be 4K or there abouts once finished. Not including tools in this as the sky is the limit on that one (also good tools last a life time not just one car build)! Could have used cash to speed up the build but this would have been less fun...

The actual cost is only 500Quid over budget, I think that's not bad!

Not to bad I think for a MK indy. Could do it cheeper if bought an unfinished project, but you would have a lot to undo!

Dan

[Edited on 28/8/07 by Bluemoon]

quote:

---

Originally posted by nitram38
So far the MotaLeira has cost me £13.5k.
I expect 15-16K at the end of the build.

---

Mine must be up around 7k for the car, SVA and insurance.....

If I take into account the rental of my garage (£2200 per year) it starts getting scary!!!

Bloody expensive Norf London....

Mines about 4 - 5k i think. I did have a spreadsheet with the cost on but i gave up as it was depressing how much it was costing.

Its all the little bits that add up.

About £2.5k so far. Still got about £1-2k left assuming the long line of bits and pieces the difference depending on what I end up doing for an engine.

Just a quick spreadsheet of everything i can remenber and it comes in at 8,372.00

That does not include SVA and registration costs.

The car is a MAC#1 ZR Pinto.

mine is a duton b-type and i think it would have been a lot lot cheaper building new than restoring my car it a lot lot more work restoring than it is buying all new i have spent over £4000 so far and i still need to spend another £2000-£3000 to finish it.

luego locost racer all in all up to now not inc running costs i would say 6k

About £6K, so not very Locost. Also, I'm still spending money on it!

I probably spent a further £1K on tools (welder, compressor, etc) but I regard them as assets now, for future work.

£5123.83 and not finished. Yet.
Could be worse though if you include the cost of buying a house with a garage to do the build in, ie +£120K

I reckon about £2k to go all in, which would give me a total of £7.5k

Must be knocking on for 3/4 a pint of blood & 1 square foot of skin - Money wise I think £4 to 5 K

Are these real prices or what the wife thinks prices?

quote:

---

Originally posted by chockymonster
Are these real prices or what the wife thinks prices?

---

About 6500 of your sterling. And not a bolt has been done up yet. I am quite far from getting all the parts needed. I have not made a good business decision. I have paid for a course on how to put cars together and it has been instructive.

I gave myself a budget of £6.5k when I started, and then got bored of counting at just over £3.5k. Like others I have a magpie-like tendency to collect shiny tools which really isn't helping to keep costs down. I have been meaning to go through my reciepts and try and get up to date again though, it would be nice to have some idea. Half of the problem I have is deciding whether certain things are actually direct costs for the car or not (for example all of the shiny tools, and the parts i've been selling on not just from the donor but from my piles of bits from old projects that i'm no longer using). I'm still pretty confident of coming in somewhere near my original budget though, even if I do have to fudge the figures

I've spent a catalogued £5,600 so far that includes any tools and consumables.

I don't expect that to go past 7K to get it finished but after SVA is another story

SHITTY DEATH!!!!

I have just had a look at the spreadsheet i started at the beginning of the build and added everything alse I could think of....

I have no doubt there is loads that I have forgotten - and I have at least £1000 left to spend to get it on the road.......

however the CURRENT TOTAL stands at.....

£11,108.73

subtracting tools leaves: £9,923,98



Better hope the wifey doesn't read this! I keep telling her it's about £4000

<Edited because I have just remebered another £150 worth >

[Edited on 28/8/07 by DaveFJ]

Dave,

I keep telling you that gold-plating isn't required!

my mrs thinks its cost me £2500

I cheated and brought mine, but then blew the engine up, and then found out the new ecu doesn't work, so it's gradually going up. Given some of the figures I'm fairly glad I brought mine at £5k! Not bad at all for a MK Indy Bird.
My next project is likely to cost in the region of £12k though, so not all good after all.

[Edited on 28/8/07 by DIY Si]

My original Locost was £1250 on the road.

This is because I got the donor car for nowt and all the steel for a tenner.

Plus I'm a Yorkshireman and I'd rather make something than buy it, the only bit of that car that I didn't make (excepting the bits Henry Ford gave me) is the roll bar and that was becuse I didn't have a big enough bender (keep the jokes to yourselves!)

I found that wheeling and dealing with people is half the fun.

Its pretty easy to sit with the demon theives catalog and a credit card, If that's what you're into then you're probably better off buying a car - it's a lot less hassle.

The Haynes Roadster on the other hand has cost me my sanity.

Wibble.

Cheers

Chris

quote:

---

Originally posted by chrisg
My original Locost was £1250 on the road.

This is because I got the donor car for nowt and all the steel for a tenner.

Plus I'm a Yorkshireman and I'd rather make something than buy it, the only bit of that car that I didn't make (excepting the bits Henry Ford gave me) is the roll bar and that was becuse I didn't have a big enough bender (keep the jokes to yourselves!)

I found that wheeling and dealing with people is half the fun.

Its pretty easy to sit with the demon theives catalog and a credit card, If that's what you're into then you're probably better off buying a car - it's a lot less hassle.

The Haynes Roadster on the other hand has cost me my sanity.

Wibble.

Cheers

Chris

---

I'm just at the start of my build and reading this thread with interest!

Got to say, a few of you are saying that £8k isn't very locost...well as a figure £8,000.00 is a lot of money, but in the context of a sports car that can out-handle and out-accelerate some very expensive motors i'd say thats dam good going.

Agree that I do not want my wife seeing this thread though.

Will someone rename it something like...

"Forced induction, a lengthy introduction"

So I know she won't be temted to read it

I recon my car must have cost me close to £200k now. That includes buying the house so I could build the garage, then all tools, parts and materials etc.

At a guess the car owes me probably the wrong side of £10k.

Ned.

When it was first build 6 years ago it was about £4000-£4500 on the road.

That was a long time ago 2 engines later, then a change to bec and now a turbo! not to mention new wheels, lathe, tig welder ect ect

And not forgetting a house move so I've finally got a Garage!

I really wouldn't want to even try to add it all up but I think I went a bit over the £250

Dave.................

is everyone counting incidentals, such as petrol money to go pick up bits etc...?

mine has to be close to 10k

I never intended to keep a count of the cost. I did think I'd like to come in around £7500 but £10k might be nearer the mark when its done.

It would cost close to 6 figures to get the same performance "off the shelf"!

adrian

so far mine has cost me about £350 and i havent even finished the chassis. on the plus side i already have about £3000 worth of tools from when i was a mechanic so i wont add them to the overall cost

Around 2.5k.
Not including tools

Including the SVA/RFL and (first year of)insurance, was more or less bang on £3k. However, mistakes were made along the way (like a duff engine) meaning that I should have been well under that fig.

Once I have my new ECU, current mods will have added another grand.

So £4,000 over 5 and bit years ain't too bad

Damn site cheaper than playing golf every week, and far more interesting

ATB

Simon

[Edited on 2/9/07 by Simon]