Budget Priced MT500E

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Roy W
Posts: 1200
Joined: Sat Jan 17, 2009 9:11 pm
Location: Whiteley Hampshire
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Budget Priced MT500E

Post by Roy W » Sat May 29, 2010 7:09 pm

Want an MT on a budget? Think it's impossible because Simon buys everything up?

Well, with a lot of patience, a bit of luck an some elbow grease, it is possible.

Just over a year ago I was browsing the forum (having just missed out on two 500's about a mile away from me 'cos Simon bought them') when I saw an ad for an engineless MT350 for £300. I couldn't believe my luck, never was I first to view a bargain! I jumped in for first refusal then found out it was only 20mins from me too! Now that was FATE :D

Bought it on the old 'I'll do it up an sell it' ruse with the missus and picked it up. The engine was there, but in four seperate bags broken down into every single component.

The bike was complete if not cosmetically challenged.

The search began for an engine, then along came a 500 Electric start from an MZ500 Country which was being broken. A tip off from a forum member on here and the reason why I think we should have ebay posts.
The Engine, carb and Starter motor came to £200 delivered.

The starter gear housing and clutch cover were damaged, from the collision that had written the bike off. Fortunately the clutch cover I had from the dismantled 350 engine was a straight swap.

Engine was painted once fixed.

Engine fitted, New brake calipers for £85
New cables for clutch and throttle £20
New coil & CDI unit for £90
Two tins of Krylon £13
New Battery £45
New Headlight £15

I won't count the cost of oil and filters or MOT as they are a standard expense anyway.
Total for the bike

£768

£100 recouped from selling parts of the dismantled engine

That's £668 for an electric start 500cc (and it's a genuine 500cc) MT.

It took just over a year, I had the patience and the luck, but it is possible.

Thanks to all who offered advice.

Roy

Damaged Engine
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Fixed Engine
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Finished Bike
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Last edited by Roy W on Sat May 29, 2010 7:20 pm, edited 1 time in total.
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Green Goblin

Re: Budget Priced MT500E

Post by Green Goblin » Sat May 29, 2010 7:16 pm

Well done that looks excellent.
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User avatar
Roy W
Posts: 1200
Joined: Sat Jan 17, 2009 9:11 pm
Location: Whiteley Hampshire
Contact:

Re: Budget Priced MT500E

Post by Roy W » Sat May 29, 2010 7:18 pm

Thanks Pete
I didn't go for the option of a nut and bolt rebuild, I just wanted a clean bike for everyday use.

I have a 500 tucked away for a complete rebuild but this one is for fun. Took it to work laast night for maiden voyage, ticked over perfectly once warm and seemingly never ending power with every increase in the throttle.

Just the vibration through the feet from the tyres to get used to.

Roy
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Apophis

Re: Budget Priced MT500E

Post by Apophis » Sat May 29, 2010 7:31 pm

looks great I'm glad you managed to snap one up :lol: :lol:
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Roy W
Posts: 1200
Joined: Sat Jan 17, 2009 9:11 pm
Location: Whiteley Hampshire
Contact:

Re: Budget Priced MT500E

Post by Roy W » Sat May 29, 2010 7:39 pm

Thanks Craig

Did you get my PM about Header collars?
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Apophis

Re: Budget Priced MT500E

Post by Apophis » Sat May 29, 2010 7:53 pm

Roy W wrote:Thanks Craig

Did you get my PM about Header collars?
yes mate sorry for the delay i have been flat out mate the only time i get to myself
is a few hours down the workshop at the odd weekend
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ben

Re: Budget Priced MT500E

Post by ben » Sat May 29, 2010 7:53 pm

Nice! Quality stuff. :D
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Daj
Posts: 675
Joined: Sat Jan 17, 2009 9:09 am
Location: Southampton

Re: Budget Priced MT500E

Post by Daj » Sat May 29, 2010 8:32 pm

Great work Roy

What a beauty!!

Daj
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Trying to find my own a*** with both hands
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MT500e
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ERNIE

Re: Budget Priced MT500E

Post by ERNIE » Sat May 29, 2010 8:57 pm

LOOKS THE BIZ
HOPE YOU PUT UP PLENTY OF MILES ON IT THIS SUMMER
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chippy1
Posts: 424
Joined: Sun Jan 25, 2009 9:39 pm
Location: conwy, north wales

Re: Budget Priced MT500E

Post by chippy1 » Sat May 29, 2010 9:15 pm

Well done Roy :D

I am turning krylon green with envy :mrgreen:
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