Hi,
Really interesting project!
OK, I think the project is about the exchange of energy from potential energy (the drop of 1kg mass) to kinetic energy(the motion of the car). The success of making the car move 8 meters long depends on how much energy it exchanges. In my point of view, the loss during exchanging is what we should deal with. Of course, the design of the car system is important as well.
What I am thinking right now is to find a suitable weight for your car. As we are going to use the inertia of your car by weight, it cannot be too light. However, if the weight of your car is too heavy, the friction between the wheels and ground will increase as the formula memtions(
http://regentsprep.org/Regents/physics/ ... efault.htm).
After you know how much weight your car should be, you should think about the type of car's wheels. To reduce the friction, I don't recommend to use rubber wheels, but I do would like to use old or used CDs. The CDs have light weight for sure, the point is they have really small touch area with ground.
About the design of your dynamic system, I am thinking to use some kind of springs, but I am still thinking.
Please tell me when you have some ideas of your car design, I would like to help you as much as I can.
Once again, good luck on your project!