Fair enough I understand that, but even buying everything from scratch would still set you back less than half a touring car kit with no electronics so I would think it would be quite competitive. For example the VRX-CE I am running cost me £90 for the kit, I run a £9 2S batt and a 13T Hobbywing speedo and ESC can be had for around the £50 mark. There's no limit this year in Mardave motor or speedo so you can use whatever you already have anyway.
However, being realistic if you don't want to shell out for any hardware just bring your touring car down. Still enough of those running to have a decent race. I wouldn't bother with buggies, last week 3 were running.
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