My neighbour has an 04 Bullet 500 carb with 4000 miles and he's had it from new and it runs OK.
It does blow a bit of oil around the engine, and it smokes a bit after a long run.
He did have a problem with the points, and the crappy little nuts holding the cover & timing plate stripped out! You can buy replacement bits with a slightly larger thread, so its an inherent problem.
Overall finish is about 6/10 even if you keep it cleaned well. He is a trained mechanic (last 35 yrs) and has had bikes all his life.
I had a little go on it once and its a sweet little bike, pretty crude & gutless, but fun for a bimble about. And YES, I have a 1970 650 Trumpet and have owned a few Brit bikes to compare with.
But I'd never consider paying £4k for a new one, better to pick up a low mileage 2nd hand one for £1500 if you really must have one
Only my humble opinion - two pence worth.
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