Got a Victron Lifepo4 smart battery sat in my shepherds hut that cost more than my first car, so I'm uniquely qualified to say: it depends if you count your time as worthless.
Genuinely though, DIY LiFePO4 builds can be cheaper upfront if you're handy with a soldering iron and don't mind the spreadsheets. I've cobbled together packs using Lishen cells and a proper BMS for less than comparable branded units. But you're gambling on:
- Cells degrading unevenly (fun times balancing)
- BMS failures that leave you stranded mid-winter
- Zero warranty when it inevitably goes wrong
- Hours of your life you'll never get back
The maths flipped for me when I realised a Fogstar or Renogy all-in-one setup actually meant I could rely on it without playing battery chemist every quarter. Peace of mind costs something.
Where DIY still wins: Expanding existing systems, custom form factors for tight spaces, or if you genuinely enjoy the tinkering (guilty). Much less win if you just want affordable and dependable.
Real question: are you building because it's cheaper, or because you want to build? That's where the decision actually lives.
What's driving your consideration — budget constraints or the appeal of the project itself?