Check out http://www.dmv.ca.gov/vr/vr_info.htm#BM2512

Seems like $160 in penalties plus another ~$200 in registration fees. Might put you in the price range of a running 510. Even at $800 I'd take a 240Z shell over a 510 shell. They're out there.

But let me get this straight, you're taking time away from school to work on a car? I hope you're a teacher.

Sixto
95 S420
91 300SE
87 300SDL
83 300SD