| Year | 1983 |
| Bore x Stroke | 71 x 62 mm |
| Capacity | 491 cc / 29.9 cu-in |
| Compression Ratio | 10.5:1 |
| Consumption Average | 41.3 mpg |
| Cooling System | Liquid cooled |
| Dry Weight | 180 kg / 416.6 lbs |
| Engine | Four stroke, 52°V-twin, SOHC, 3 valves per cylinder. |
| Final Drive | Shaft |
| Front Brakes | Single disc 2 piston calipers |
| Front Suspension | Air assisted telescopic forks. |
| Front Tyre | 100/90-18 |
| Fuel Capacity | 17 Litres / 4.4 US gal |
| Ignition | Electronic |
| Induction | 2x 32mm Keihincarburetors |
| Max Power | 50 hp / 37.2 kW @ 9000 rpm |
| Max Torque | 42 Nm / 31 ft lb @ 7000 rpm |
| Model | VT 500FT Ascotmotorcycles |
| Rear Brakes | Drum |
| Rear Suspension | Pivoted fork dual adjustable shocks |
| Rear Tyre | 120/80-18 |
| Standing ¼ Mile | 13.6 sec / 94 mph |
| Starting | Electric |
| Top Speed | 196.3 km/h / 122 mph |
| Transmission | 6 Speed with overdrive top gear |
| Wet Weight | 204.0 kg / 449.7 lbs |