My Model 1 lightweight 16" CAR rifle was $417 including shipping...then I paid $20 for the transfer fee, and another $104.50 for the receiver, tax included. Total $541.50.
The rifle shoots fine, and it feels great.
As Recon_Sine said, the extras can add up quick, but you can always do the upgrades one at a time later.
What are you gonna do with the rifle...hunt, home defense, etc? I ask because I might recommend a standard weight barrel if you're doing anything where accuracy is a requirement. I don't know for a fact that my lightweight won't shoot as good as my other 16" Model 1 kit, but just looking at the barrel, I don't see how it could be as consistent. The standard barrel gun has done sub moa with the latest handloads I tried, which I'm very happy with.
I've kinda pimped that rifle out, and I'm sure it's over 8lbs in weight lol...which is why I got the lightweight kit afterwards.