Several weeks ago I picked up this bike. I have had 2 Honda XR dirt bikes in the past but I didn't have them for very long (only a few months for both). For all intents and purposes, this is really my first motorcycle. I love tinkering on things and have always wanted a project. I bought this one for $1200. It was advertised as a CB550 but, with the help of some folks here, I now know that it is really a 76 550 frame with a 71 500 motor. I really had no idea what I wanted to do with this bike other than spend the winter getting to know it and then go from there. I decided to start a project thread because I have had to ask for help on several issues now and, instead of having to re-state everything that has been done to the bike, I thought it would be easier for everyone if this was here and I could just seek help here. Mods if this is not ok then please feel free to tell me. Here is the bike the day I got it home.
The PO was a guy that didn't have it all that long and I think he really just buys them and flips them for a few hundred more. He said he bought it in pieces and put it together. The one thing it was missing was any sort of air filter. It had a hanging idle issue that would present itself when coming to a stop (hang about 2500) and then slowly come down maybe 5 seconds later but then I'd have to nurse it along with the throttle to keep it from stalling. PO said he didn't do anything to the carbs because they didn't need anything. I was skeptical on a bike this old. Right away I sourced the parts for the air box from a member here. I wanted to get those on and see if it changed the way it ran before moving on from there. I also spent a lot of time cleaning the bike up and going over every nut and bolt.
I downloaded a manual from here and started in on the 3,000 mile tune up as well. I changed oil, filter and replaced the leaking seals under the left motor cover at that time and did some cleaning there.
I installed new plugs and double checked the gap before installing them. I found the wires that needed to be run to the front brake switch and took care of that. I lubed the tach and speedo cables along with the clutch and throttle cable. I checked the points gap and adjusted the 2-3 set. I checked the timing with a bulb and it was spot on. I tightened the chain and continued to work my around the bike cleaning all the chrome pieces.
I have issues with cleanliness.
The most I have ridden this bike is around the neighborhood a bit and that's fine because I really didn't want to ride it at all until I finished the tune up. I still need to adjust the valves and the cam chain as well and hope to do that this weekend. Last week I noticed that the front brake was making a loud squeal that went away once I pulled the lever in. I got home and found that the piston was not retracting. So I have a seal and master cylinder rebuild kit on the way. I also planned on swapping the brake lines for stainless ones but need to wait a bit so it'll sit until I get those figured out. I also thought this was the perfect time to figure out what to do with the bars. The drag bars were ok but the levers couldn't be rotated down enough for my liking. I ordered some clubman's from CB750 and got those put on last night.
Now the bike is taking a definite turn in the cafe direction. I always thought these bars looked stupid but they seem like they'll be really comfortable. I still need to mount the left grip, clean up/run the cables a little differently and figure out what I'm doing for brake lines. The upper hose is wayyyy too long and I'd like to avoid running a banjo bolt to the master cylinder (I'd rather get lines that will thread directly into the MC and clean that area up) and then do custom length lines to make it look nice.
I did take it for a spin last night but it was running horribly. I initially thought I had installed the throttle tube wrong but I don't think that's possible. Now I still have the same idle issues but when I crack the throttle open, the bike dies or falls right on it's face. I have always suspected that the carbs could benefit from a good cleaning/rebuild but it seems like an intimidating job. I'd still rather not go there before finishing the tune up but that's right around the corner. Late last night I did confirm that the stalling is not related to the throttle tube/cable as it does this when I reach under the tank and manually open the carbs.
So that's where things are right now. I live in Colorado at 9000 feet so a carb rebuild is surely in order as well as different jets but I know nothing about that stuff. Plans as of now include new exhaust (I really like the Carpy 4 into 1), new tires, possibly a solo seat from Benjies, and I'd like to try my hand at making knee dents in the stock tank and doing the body work. I'm also looking at bar end mirrors. My goal is to go through this thing over the winter and get it to a spot where it's reliable for the summer. Part of that eventually will be to pull the carbs and go through them. I appreciate any input/advice you all can give.