I think this deal is hard to beat:
http://www.rccarshop.co.uk/index.php...-red-5436.html
And somethingl like these lipos (approx £42 for 2):
http://www.hobbyking.com/hobbyking/s...arehouse_.html
And at least 2 sets of wheels/tyres, best to get advice from the club regarding these.
This'll get you a quality, built to race buggy. Parts available to run it mid motor (better on high grip tracks) if/when desired. As said though, you might want to find out what is popular at the club as having others around you who race the same car can be invaluable for spares, set up advice etc.