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Hello everyone,
I bought a 1977 Ducati 500 GTL a couple days ago for $400. It's in rough shape but I kinda wanted to take on a project bike and these are pretty rare (probably not a good thing for someone trying to rebuild one).
Here's the only photo I have:
So here's a list of what's wrong:
1. The engine is seized, a big gamble I know. I knew the kickstarter was frozen but I decided to take a chance anyway... turns out my suspensions were true all along and the engine is stuck. I currently have marvel mystery oil soaking in the plugs, hopefully that will free it. If not then i'm removing it and going to investigate further.
2. None of the electrics work. I haven't had a chance to dive in to this yet, but the simple electrical system gives me hope, also I spotted the fuses are in bad shape, hopefully replacing the old rusty ones with shiny new ones will fix it (we'll see lol)
3. There's no drive chain
4. Some rust on the headlight, brakes, and other areas.
5. Front brakes are seized and removed.
6. No battery was included
7. Carbs need attention (boots are broken and tapped, plastic fuel nipple is broken on brake side)
8. The rear tail light lens is missing
9. No grips or throttle tube
10. gauges have a crack
Luckily there are some good things:
1. Despite the small bits of rust here and there the overall body is in great shape.
2. Because I only paid $400, I know I can easily double my money if I want to part the bike out (worst case scenario).
3. The seat is in perfect shape (rare for such a old project bike).
4. The bike is air cooled which makes wrenching it a much easier task.
5. Tires are in decent shape (for riding around the yard and maybe the neighborhood, no obvious dry-rotting or bald marks... I wouldn't trust my life with them, but i'd trust it for a good 20-30 mph test ride, if we ever get there.
Anyway thanks for reading. Hopefully I can breathe some life into this old Italian girl. I'm sure I'll have a million questions along the way so hopefully some of you are familiar with this bike.

I did do a walk-around video as well:
I bought a 1977 Ducati 500 GTL a couple days ago for $400. It's in rough shape but I kinda wanted to take on a project bike and these are pretty rare (probably not a good thing for someone trying to rebuild one).
Here's the only photo I have:

So here's a list of what's wrong:
1. The engine is seized, a big gamble I know. I knew the kickstarter was frozen but I decided to take a chance anyway... turns out my suspensions were true all along and the engine is stuck. I currently have marvel mystery oil soaking in the plugs, hopefully that will free it. If not then i'm removing it and going to investigate further.
2. None of the electrics work. I haven't had a chance to dive in to this yet, but the simple electrical system gives me hope, also I spotted the fuses are in bad shape, hopefully replacing the old rusty ones with shiny new ones will fix it (we'll see lol)
3. There's no drive chain
4. Some rust on the headlight, brakes, and other areas.
5. Front brakes are seized and removed.
6. No battery was included
7. Carbs need attention (boots are broken and tapped, plastic fuel nipple is broken on brake side)
8. The rear tail light lens is missing
9. No grips or throttle tube
10. gauges have a crack
Luckily there are some good things:
1. Despite the small bits of rust here and there the overall body is in great shape.
2. Because I only paid $400, I know I can easily double my money if I want to part the bike out (worst case scenario).
3. The seat is in perfect shape (rare for such a old project bike).
4. The bike is air cooled which makes wrenching it a much easier task.
5. Tires are in decent shape (for riding around the yard and maybe the neighborhood, no obvious dry-rotting or bald marks... I wouldn't trust my life with them, but i'd trust it for a good 20-30 mph test ride, if we ever get there.
Anyway thanks for reading. Hopefully I can breathe some life into this old Italian girl. I'm sure I'll have a million questions along the way so hopefully some of you are familiar with this bike.
I did do a walk-around video as well: