Mate, there is just no such thing as a 'cheap' project car. It might cost ya stuff all to start with but it will cost ya by the end. for example. ET pulsar turbo initially cost $300 unreg but by the time I got it good to go (regoed) It sold for less than what I had put in. Current project is a T18 conversion to 3TGTEU and at the present time it has progressed from $900 registered to $3500 and still climbing! That said, it's not all about the money is it? Good luck. Perhaps you might want to be a bit more specific about what kind of car you want and how much you think a 'cheap' car might be...