Would you list the bill of materials with cost and source for us? I haven't seen any 15 gal coolers for $45, much less with plumbing. If you have a reliable source, I'm sure many people on this forum would be interested. If you're buying used, then yes, diligent scrounging is usually much cheaper than buying new. But, it's unfair to compare new, custom made/fit to used. You also don't have to buy a custom made bag. Many people use very inexpensive paint strainer bags from HD, Lowes, etc. But, I really like my bag from Wilser.
Brew on
I made this:
https://www.homebrewtalk.com/f51/60qt-ice-cube-mash-tun-build-cheap-simple-144475/
I spent $26.46 at Walmart for the cooler, $13.59 at home depot for a ball valve and hose barb, and $4.72 at Lowes for the cpvc manifold materials.
-- Edit --
I built one for my self and the one for a friend, I'm happy with it. But this thread does have me wanting to try biab, at least for small batches.
-- Edit Edit --
BTW: That cooler is listed cheaper on walmart's website than in stores by like $5. I had to ask the clerk to match their own online price when I was at the register.