I reckon it’s pretty possible (I’ve done it three times now, and half way through another for the father-in-law) to put together most of a bike for around 150 squids, especially if you have a few bits lying around that you can use – and all the tools you need to put it all together.
The problem is the little bits at the end that add up – like the cabling, then I have found that a new chain and cassette are almost always required. The little bits at the end seem to tack about 50 quid on. Also, I find I lose patience towards the end of the project and ending up buying full price kit to finish up.
But, if you can afford the time and are patient enough to wait for the things you need, you’ll sped a good deal less.
Total build price for me is normally around 200 with deore level kit and (normally V-Brakes).
It’s a great project – especially if you get the bloke involved in the build. Nothing beats the feeling of building your first bike up and going for a ride!
Crispy