I think you guys are looking too hard at the electric reverse. Being that the buggy type he wants to build will be larger than most of ours, and be most likely a 600-1000cc powered unit, electric reverse gets real simple.
Parts needed-
SBC flexplate
SBC gear reduction starter
Battery
Relays, cables, and switches
That should put you no more than $200 in the hole, for new in box parts. The tricky part is finding a hub to mate the flexplate to the jackshaft or axle. Check out companies like Protodie and Sinister Sand Sports, they do these type builds all the time. The rest of it depends on how you want to build it.
On a second note, welcome from another Floridian, I am in St. Augustine, so feel free to hit me up if you need anything.
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ASE Master and Toyota Master Diagnostic Certified
Buggy Building Trainee
'04 Dazon Raider 150 'modded'
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