The production version of Local Motors’ Rally Fighter is getting ready for its turn in the spotlight as it nears its world debut at the 2010 SEMA Auto Show next week.

The market trim Rally Fighter will be powered by a 6.2-liter V8 engine that produces 430 horsepower and 424 lb/ft of torque with a automatic transmission that sends power straight to the gargantuan vehicle’s rear wheels. The vehicle was also given a powered-coated tubular steel space frame chassis, a high-end performance braking system, and an off-road suspension that comes with it’s own detachable front stabilizer bar.

Local Motors also gave the Rally Fighter some pretty expensive materials in an effort to reduce the vehicle’s overall weight, including the prevalent use of carbon fiber on the car’s front, rear, floor pans, and even the the underbelly. In addition to that Local Motors also opted to stay clear of having the car’s exterior come with a paint finish and instead, chose to have it wrapped in vinyl, shaving some more precious weight off of the vehicle. After all the changes made to make it as lightweight as possible without compromising the car’s performance, the Rally Fighter is expected to weigh in at a pretty svelte 3,200 lbs – or about 1,452 kilos.

Hit the jump for the full story plus a SEMA preview video.

The company hasn’t made an official price designation on the Rally Fighter although it’s being pegged at somewhere in the neighborhood of $50,000 - $60,000. That being said, interested buyers can already reserve their own Rally Fighter for only $99.

While we’re extremely tempted to shell out a Benjamin for reservation purposes, we’re going to hold off on it until we see the vehicle in all its finished glory at SEMA. If the car meets our expectations, then we’d be closer to making our own reservations.