What I have below is the EXACT Microsoft Word document that I turned into Grassroots Motorsports at the $2005 challenge; as you might have gathered from reading around on the website, there were a number of things that didn't even need to be in the budget, so in reality, it's quite a bit lower than the $1939 indicates. The other thing to consider is that all the money I made as profit from my challenge dealings can't be considered here, as challenge rules dictate you can only "zero-out" the initial cost. I also realized that I did, in fact, leave something out of the budget, brake fluid. So, consider another $6 for brake fluid in the budget. In any case, I think the budget is one of the most interesting things about any car, yet it seems nobody makes their budget available for all to see. So, without further a due, here is the exact, unaltered, document that was turned in at the challenge:
(FMV denotes "Fair Market Value")
KENT FINNERTY: #98 LOCOST
$2005 Challenge Accounting
Purchase: Price:
ITEM 1) 1990 Plymouth Laser RS Turbo FWD - $145.00
A) Trip Permit to drive home - $5.00
Parts SOLD from car (Only a small portion of the list):
a) Stock intercooler & piping + $40.00
b) Wheel Center-Caps + $20.00
c) Stock O2 sensor housing + $6.00
d) Stock Headlight Assemblies + $31.00
e) Stock 16 Wheels + $36.00
f) 100% Stripped shell sold as scrap metal + $70.20
NET of ITEM 1 (AS PER CHALLENGE RULES) $ 0.00
ITEM 2) 1991 Eagle Talon TSI Turbo AWD - $490.00
A) Approximate fuel costs to trailer it home (~12 miles) - $3.00
Parts removed from Talon to use on the Locost:
a) Pair of Blue Corbeau Seats $0.00
b) Ricer white face/ indiglo gauge face overlays $0.00
c) Ball/spring type manual boost controller $0.00
d) One filthy K&N air filter $0.00
e) Generic/Ricer brand boost gauge & A-pillar pod $0.00
Parts installed to Talon (taken from $0 Laser):
a) Stock seats from the 1990 Laser installed $0.00
c) Cracked radiator was replaced w/laser radiator $0.00
d) Flood damaged? Carpet was replaced with Laser carpet $0.00
d) Dirty paper air filter from the Laser installed $0.00
e) A-pillar trim piece from the Laser installed $0.00
CAR SOLD minus $80.00 for eBay fees + $1,045.00
NET of ITEM 2 (AS PER CHALLENGE RULES) $0.00
ITEM 3) Bulk Steel Purchase (Numerous pieces) - $317.95
ITEM 4) 8 point mild steel Roll Cage Purchase - $158.85
ITEM 5) Replacement ECU Capacitors - $6.27
ITEM 6) 6 of Silicone Hose Coupling (already owned) FMV= - $10.00
ITEM 7) Set of 4 NGK BPR7ES plugs - $8.25
ITEM 8) Second Gen Exhaust Manifold (already owned) FMV= - $35.00
ITEM 9) Walbro 255lph fuel pump - $95.00
ITEM 10) Isuzu NPR Intercooler - $150.00
ITEM 11) Set of 4 Conquest/ Starion Rims w/ used Kumhos - $50.00
ITEM 12) Mild Steel Flanges (TB and turbine outlet) - $40.00
ITEM 13) 4 Adjustable 7 round headlight buckets - $7.50
ITEM 14) Two new 92-00 Civic Radiators - $121.96
ITEM 15) Two new 12 cooling fans ($5 combined shipping discount) - $ 53.00
ITEM 16) 5 feet of 1 Diameter Heater hose (to be used for rad hose) - $ 7.14
ITEM 17) Shotys Pull-a-Thon Junkyard day ($35, all you can carry) - $ 35.00
Items carried: - Pair of front DSM hubs w/brakes and CV joints.
- Two Hyundai (4G63) Valve covers w/oil caps and plug covers.
- 5 Hyundai Bolt-in lower Ball joints (to fit taper in DSM hubs).
-About 30 Lug nuts
ITEM 18) Arm Restraints - $17.50
ITEM 19) 4 Motorcycle Coilovers (2 Yamaha R6, and 2 Honda F4i) - $79.30
ITEM 20) Parts purchased at 3 Dirt Track flea markets - $55.00
Items Used: Appleton Steering Rack $20
2 Upper Control Arms w/ball joints $ 8
Large Bucket of miscellaneous rod ends $ 3
5 point Simpson Harness $20
ITEM 21) EMT conduit, used to make coolant pipes - $19.72
ITEM 22) Brake hard line, tube nuts, & tubing for intercooler pipes - $44.93
ITEM 23) Mandrel bends and rivets - $51.16
ITEM 24) Electrical items (wiring, lights, connectors, loom clamps, etc.) - $52.02
ITEM 25) Natural HDPE sheets (used for bodywork) - $121.65
ITEM 26) Brake Tees and electrical Tape - $6.97
ITEM 27) Stainless braided brake lines, adaptors, Rod Ends - $101.40
ITEM 28) Bronze/ Oilite bearings - $13.38
ITEM 29) Gears and shaft to reverse steering action - $35.45
ITEM 30) Hardware to extend shifter cables, and run coolant reservoir tubes - $20.61
ITEM 31) Fog Light Relay for fuel pump re-wire (Already Owned) FMV= - $5.00
ITEM 32) Pair of 7 Round H4 Headlamps - $25.98
ITEM 33) 8 steel door brackets used for misc. parts (Already owned) FMV= - $12.00
MISCELLANEOUS BULK ITEM ESTIMATES (Already-Owned Items) :
ITEM 34) Lots of Steel Scraps from metal and job shops -$0.00
(Plate, round tubing, square tubing, strip, etc)
ITEM 35) Nuts, Bolts, Washers, Rivnuts - $60.00
ITEM 36) Hose Clamps - $10.00
ITEM 37) Approx 15 Lbs 0.030 GMAW Wire - $32.00
ITEM 38) Black brush-on and spray paints for chassis - $30.00
ITEM 39) Silicone and rubber vacuum and fuel line - $20.00
ITEM 40) Additional Electrical items (tape, heat-shrink tube, etc) - $10.00
ITEM 41) Oil Filter - $3.00
ITEM 42) 4.5 Quarts 10W/30 - $6.00
ITEM 43) 1 Gal. Antifreeze - $6.00
ITEM 44) Other chemicals (lubricants, Anti-seize, Loc-Tite, etc) - $5.00
BUDGET TOTAL: $1,939.99