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At what point is it no longer locost!?
franky - 24/9/09 at 05:23 PM

As I look around the forum I don't see many cars that are locost..... my own plans for a locost have gone to 'quite high cost'. Maybe this is because i'm a closet troll and like shiny things However also the result of doing things properly and to a standard has a cost too.

Whats the honest build cost of your cars?


prawnabie - 24/9/09 at 05:25 PM

Bout 4k for me


scootz - 24/9/09 at 05:30 PM

The minute you put your deposit down on a kit!


Paul (Notts) - 24/9/09 at 05:34 PM

Anything under 7K to build is locost

did mine for that

Paul


nitram38 - 24/9/09 at 05:35 PM

20k mine


UncleFista - 24/9/09 at 05:37 PM

2k-2.5k -ish [1]

Up 'til SVA, we've money spent since.


phelpsa - 24/9/09 at 05:39 PM

My current budget says £5k. That's for a budget track/hillclimb car though so no IVA/lights/road legal stuff.


tomgregory2000 - 24/9/09 at 05:42 PM

bout 8k


flak monkey - 24/9/09 at 05:49 PM

Mine was OTR for about £5.5k

Since its had a lot of money spent on it. Probably closer to the 10k mark now.


smart51 - 24/9/09 at 05:50 PM

£250.01 surely?

It is a locost if you use all the parts in the book. The moment you start adding shiny bits (not just new bits) then you no longer locost.

Bike carbs, silicone hoses, billet callipers ...


martyn_16v - 24/9/09 at 05:50 PM

quote:
Originally posted by franky
Whats the honest build cost of your cars?


That depends on whether the wife is in earshot

I originally set a budget of £6500, but I gave up counting at £8k (although I had been counting a lot of tools and things I can re-use for other projects). It's all the little bits here and there that have taken me over, there's so many things I just hadn't thought about when making a budget, all those tenners add up though...


oldtimer - 24/9/09 at 05:58 PM

My first build I did for £2.5k, this one, a locost I am trying to do for <£5K, up to £4K+ already but most bits are got.


zilspeed - 24/9/09 at 05:59 PM

Well, mine isn't a Locost whatever way you look at it.

But anyway.

It owes me around a grand or thereabouts.


shaun fulcrum - 24/9/09 at 06:01 PM

£18k for me, original budget was 10-12!!! god knows where the rest appeared from

All worth it now iy's on the road though


UncleFista - 24/9/09 at 06:05 PM

quote:
Originally posted by smart51
£250.01 surely?

It is a locost if you use all the parts in the book. The moment you start adding shiny bits (not just new bits) then you no longer locost.

Bike carbs, silicone hoses, billet callipers ...


My carbs cost £15 delivered, the steel for the manifold was £8, I reckon it's still Locost


t16turbotone - 24/9/09 at 06:05 PM

Mine was OTR for 3.5k


maartenromijn - 24/9/09 at 06:07 PM

Even though I try to do as much as possible myself, about 1.5k. And it isn't even running!


liam.mccaffrey - 24/9/09 at 06:12 PM

I'm going to come in <5k i hope. Mine is anything but locost. its not even a 7


franky - 24/9/09 at 06:23 PM

well i'm hoping my fury comes in at under 7k..... If I brought the chassis kit/body work and everything else I got with the unfinished project deal new it'd be about 12-13.5k..... which isn't locost its RS6 money


David Jenkins - 24/9/09 at 06:37 PM

quote:
Originally posted by martyn_16v

That depends on whether the wife is in earshot



That thought went through my mind!

There's the real budget, and there's the budget I told my wife...


MautoK - 24/9/09 at 06:42 PM

Pretty close to 6K OTR but there's no fancy shiny bits except the wheels. Just about on budget.
John.


02GF74 - 24/9/09 at 07:00 PM

when you stopped adding up the receipts and start hding them from the other half.


steve m - 24/9/09 at 07:01 PM

£3982 on the road Mot and insured
also taxed

and that is for the first 5 years motoring, not including fuel on the road

[Edited on 24/9/09 by steve m]


LBMEFM - 24/9/09 at 07:23 PM

£8000 to £8500


RichardK - 24/9/09 at 07:23 PM

3 years of weekends & £1847 including buying the donor for mine

Cheers

Rich


Marcus - 24/9/09 at 07:24 PM

We've done 2 now, first 1750 OTR, second about 2200 OTR. Most bits were made on V1, We bought bonnet, scuttle, back panel, Shocks and alloys for V2. V1 had bike shocks picked uf for a couple of quid, they lasted 2 years to be replaced with Gaz (same as V2).


plentywahalla - 24/9/09 at 07:32 PM

Reminds me of a couple of customers (I am a boatbuilder) who had an arrangement. They would always knock a nought off twhen discussing costs on the boat in earshot.

That way they knew what the other was saying ... and that if the wife still hit the ceiling then maybe they were spending a bit too much!!

So my seven is costing about £700. !!


A1 - 24/9/09 at 07:41 PM

about 10-12k


steve m - 24/9/09 at 07:58 PM

Perhaps if i spent nearer the amounts on here, i would have a really good car !

but i am glad i didnt, as

In the early years (1997) evrything we needed was very reasonably priced, ie two front stub axles with brakes disks the lot cost £20 the pair, donor mk2 escort £50, and i drove it home

But the downside was that i did not have internet or ANY suppliers of anything remotely close to what i was building, a lot of time, was wasted on journeys to the breakers yard etc phone calls etc etc
but those are the hidden costs, but also part of the fun, but i did get ripped off buying the metal and alui sheets, £425 delivered


David Jenkins - 24/9/09 at 08:02 PM

I chuckled when talking with my brother about the plane he's building... the kit cost was pretty scary, but now he needs to buy the engine... and his wife found out how much it will cost!

Second-hand the engine will be around £7000, mostly due to the regulations involved with aircraft engines.

My car was petty cash compared with that plane.


SPYDER - 24/9/09 at 08:14 PM

Suprisingly little. If you count around £5-6K as little. We make almost everything ourselves though. We hate having to buy stuff.
But if we were paying ourselves for the time involved, probably £25K!!
Geoff.


Madinventions - 24/9/09 at 09:32 PM

On the road for about £7.5K including tax, insurance, SVA etc...

Worth every single penny!


mark chandler - 24/9/09 at 09:34 PM

just over £3k with trick bits brakes, suspension wheels and tyres seats etc

Could have easily built for around £1k without these to a decent standard.

It all depends on how much you make yourself, the only bodywork I purchased was the nose cone, made chassis wishbones wings etc.

Its a great learning experience.


RK - 24/9/09 at 09:41 PM

It isn't locost if you didn't build the chassis yourself IMO.

Oh, and about 15,000 fractions of a stone, or something like that. But then again, I'm on the wrong continent for this, and spent about 2000 GBP equivalents on useless old parts I never used. I also gave away three copies of Uncle Ron's book, hoping to inspire people to help me. That was a total waste of money as it turned out.


Ninehigh - 25/9/09 at 12:23 AM

My benchmark would be if a manufactured equivalent costs less than the seven it's not locost anymore.

That was my argument with a few people, that it would be quicker than an Elise and about half the price like for like


nib1980 - 25/9/09 at 08:08 AM

about £3K


Gav - 25/9/09 at 08:36 AM

Car bits probably about 6K, tools another 4K!

But i have lots of blingy bits, willwoods all round, Team Dynamic wheels, LSD, Digidash, 2 bike engines etc etc