I bought a Rivnut tool a few years ago but it doesn't do M8 ones, I was going to buy another but it seemed daft to spend a fortune on a decent one just to set one (or two) into the chassis. I've been fortunate enough to be able to borrow one in the past but it wasn't possible this time so I ended up one of these:
http://www.ebay.co.uk/itm/Land-Rover...item589531871b
Ordered on Sunday evening it arrived today and worked exactly as described. I haven't looked into possible modification to do smaller rivnuts but if the head is large enough to be caught by the serrated edge then a simple sleeve to guide the bolt ought to work nicely.
Recommended!
Guy