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General Information

Year
1969-70
Make
Indian Velo 500
Model
500cc
Color
Blue-White
History
This bike has had a lot of previous owners, but has never been ridden. It has been stored in a damp leaky building (hence the rust and poor condition). The speedo and RPM gauges glasses were broken
An Indian Velo 500 has beem my dream bike for some time, I beleive there were only 120ish made, built for Clymer in Italy with a Velocette English engine for the USA market. I never thought I would ever get my 'lunch hooks' on one as they are rare. I did not want one to restore one but I had to take what was out there. As with all restorations I have found that it requires a lot more attention (and pennies) than was 'shown' in the photo's before purchase.... but don't they all. These bikes were made with several colours and specifcations and a choice of engines: a 500cc Velocette Thruxton engine (tuned with GP carb a race engine) or the standard 500cc Velocette Venum engine both should make it perform well (the Thruxton being the rarest and sort after) but the Venum one shoud be easier to start, mine is the Venum. I have made contact with some fantastic people who have one or owned one they have been so helpful. If you ever decide to get one they should last forever as the build quality was good and for those of us getting on a bit an Electric start kit is available. I have added a few pictures of how it was when it came to me and as it was 2 days later after I stripped it. My bike will be restored to a good spec (not concourse) as Intend to ride and use it ...... after all that is what they were made for. Ride safe and enjoy! :):)
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Modifications

Drivetrain
chain
Lighting
6 volt
Exhaust
meggaphone
Suspension
Marzocchi

Comments

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12 Posts
looks like a fun... expensive project...
Hi yes it will cost a me 'wedge' but it will be well worth it, its better for me to spend a few pennies than it end up being a pile of rust hidden away in someones shed never seeing the light of day. The big saving grace is that the bike is complete, no parts missing and 90% can be restored, I think it will take around £2,500 to make it good .... not mint, but it will still be a very very nice bike. I would suggest 98% of UK bikers have never seen one in the flesh and on the road being used, the odd few that have have seen them in a Museum or maybe a Velocette event. I hope I can show a few more bikers how good they are. Take care, ride safe. :):):)
 

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622 Posts
This is so awesome! I can't wait to see the "after" pictures and I hope you can get a video too of it's virgin run!!
 

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12 Posts
This is so awesome! I can't wait to see the "after" pictures and I hope you can get a video too of it's virgin run!!
Hello LH Rizzi thank you for the nice comments, I will of course post some pictures of 'rusty bin' the Indi-Vel as soon as I get it back together (hopefuly by early Summer). I will also try to post a video of its maden (virgin) run ..... but if you do get to see it, please wear some ear muffs as the silencer (fitted by the factory) is a 'Megga' known for the megga noise they make, ha, ha. Ps. does LH mean you ownly ride bikes with a Left Hand gear change? ha, ha. take care ride safe.
 

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591 Posts
Congratulations on your fine, you're going to be an awesome adventure restoring it.
 

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591 Posts
Hi HS thank you, the journey has begun with all of its trials and trivilations, I will get there in the end ha,ha. take care Tom
I know you will Tommy, Rock on!
 

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6,421 Posts
Hi yes it will cost a me 'wedge' but it will be well worth it, its better for me to spend a few pennies than it end up being a pile of rust hidden away in someones shed never seeing the light of day. The big saving grace is that the bike is complete, no parts missing and 90% can be restored, I think it will take around £2,500 to make it good .... not mint, but it will still be a very very nice bike. I would suggest 98% of UK bikers have never seen one in the flesh and on the road being used, the odd few that have have seen them in a Museum or maybe a Velocette event. I hope I can show a few more bikers how good they are. Take care, ride safe. :):):)
I sure that puppy right away, maybe an appraisal too! Good find! 10yrs ago I found 2 rare finds a 250cc and 500cc Harley Sprints also out of Italy. One financed the other. Learned a ton, the vintage was 1972
 

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157 Posts
I'm in a Velocette 350 MAC rebuild. It's amazing to me how this engine design endured for so many decades. Good luck with yours, mine has been an on and off again project for 9yrs.
 

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I'm in a Velocette 350 MAC rebuild. It's amazing to me how this engine design endured for so many decades. Good luck with yours, mine has been an on and off again project for 9yrs.
Hi Shofins: many thanks for the comments, the Velocette engines are very good due to its basic design .... they keep going, the weak spots are sometimes difficult to start (mainly due to the kickstart gearing and the correct starting technique) and the clutch which can be improved with modern replacement parts, so persevere it will be worth putting together, there is lots of info and parts available. take a look at Velocette Motorcycles face book pages(GB), loads of info on there. Your MAC will cruise all day long at 50mph it will not be heavy on your pocket as 60-70 mpg should be normal ..... not bad for an old un. ha, ha.
 
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