I recently bought a 1974 Honda CB550 on craigslist and everything seemed fine with the bike until I brought it home.
The previous owner told me that the "top portion" of the engine is all rebuilt and it has about 10 miles.
Here is what I have replaced/serviced so far:
Oil
Tires
Battery
Front Brake Lines as well as caliper assembly (Literally seized up in the middle of traffic)
Master Cylinder
Starter Solenoid
But all of this wasn't the main problem I'm running into.
The first problem I'm running into is that the bike does not pick up at all.
0-45 takes what seems like an eternity, probably about 15-20 secs. Cars behind me are literally on my back before they change lanes.
I can try and record a video when I get back home from work.
Second problem is that the carbs would sometimes, I'm not sure of the term, but I will say that the carb "sneezes" haha as if maybe it's getting too much fuel.
It's on pods and a 2-1 exhaust. The previous owner told me that the main jet is 104 and the slow/idle jet is at 40. Haven't pulled them out to check.
The spark plugs are definitely fouled when I pull them out, but I am not sure what is causing it. I don't know if its the valve seals (?) when he rebuilt the engine or if its getting too much gas. I don't know if this helps or not, but the left two (1 and 2) exhausts are a bit cold compared to (3 and 4). When I say cold, I mean the exhaust air that comes out is colder than the right side. The pipes are hot, just not the "air"
Third problem is that it hangs on idles around 2k-3k for a good while, but when it eventually drops, it drops all the way down to around 300-500 for a bit and dies.
Last problem is that I get this weird liquid that doesnt look/smell like oil or gas that builds up on the top sides of the engine when I go riding for about 10 minutes.
When it burns it smells like burnt food. My guess is that it's oil, but I am not sure. I will take pictures when I get home.
My guess is it needs a new valve gasket, but I could be wrong?
My problem is that I do not know where to start and what to get. I'm willing to learn because I love this bike, its a beauty, and it's such a great feeling to go riding.
I was going to see if cleaning the gas tank and carbs would help, but I would like to trouble shoot what could be causing the slow acceleration first, unless you guys think otherwise.
Just not sure where to start.
It would be greatly appreciated for the help I get.