Transmitter,receiver,and servo kit of choice,Tower Hobbies has a combo for $58.
Electronic speed control (for best performance) A Futaba MC210CB w/ reverse cost $50.
Nicad battery charger,Hobbico's 905 AC/CD charger is $32.
One nicad battery packs,having two is a good idea,a Duratrax Piranha 1500 6 cell cost $15.
An electric motor of choice,a Trinity Paradox,cost $40.
An assortment of tools such as screw drivers,hex wrenches, ect.
At least two colors of paint for lexan plastic bodies
A bottle of super glue (for gluing the tires on)
Soldering iron or gun and a stand(for the repair of batteries.) repairs)
Red and black 12Ga.wire,avivable at Radio Shack.
Three sets of good battery connectors (the cheap ones melt)
A pair of scissors (For all kinds of repaires)
An old tooth brush, for cleaning tires.