If you really want to do this for cheap you need to decide weither its an all out dragcar or its gunna be streetable .If its gunna be an all out drag car then your gunna have to get real serious about the weight ,and gutt the crap out of it.My 64 Dart weighs in at 2770 (without me )and its all steel ,with a mild steel 8 point rollbar ,heavy steel traction bars,steel wheels, and welded in sub connectors .It looks all there at first glance except for the front bumper and deleted headlights.I removed the heater ,wipers ,all interior ,door and 1/4 glass and regulators (went with sum used lexan i got for free),cut the bottom of the doors out ,cut the bracing out of the hood and trunk lid ,removed the support rods for the hood and trunk ,headlight buckets ,front bumper and brackets,horns ,parking brake assembly,gauge panel ,int .garnish moldings,moved battery to trunk ,removed any and every unused bracket i could find on the car .Keep in mind that most everything you remove can be sold to help fund stuff you need for it.As said earlier weight reduction is free horse power and my car is running mid 11.40's in the 1/4 and mid 7.20's in the 1/8 with mid 1.5 60 foots with a very mild iron headed small block.I have less than $6500 total investment in it .Once i upgrade the cam and valve springs and do a bit more tuning ,i should be flirting with the 10's for about 7 grand all motor .The key for cheap is the weight ,and weight relocation ,suspension work, etc ,if you dont have big bucks for HP .Good luck with it ...