1985 Yamaha RZV500R

SOLD FOR: $16,692

Reserve price has been met.

This auction ended on September 24, 2025

Winner: b****l

Winning Bid: $15,600
Buyer Fee: $1,092
Total: $16,692

Next Auction Ending >

As you may have seen on social media, Iconic recently acquired a collection of two-stroke bikes and parts from Europe, many of which came from the collection of Lance Gamma. We’re looking forward to getting these out to the Iconic community in the future and you’ll be able to see more on Moto Market soon. Here’s a RZV500 that Lance used to own himself!

When Yamaha debuted the RZ500 (known in some other markets as the RD500) in 1984, it was arguably the first production race replica.

Built to emulate Kenny Roberts’ YZR500 factory racer, the RZ500 was the closest thing two-stroke enthusiasts had to a GP competitor for the road… as long as you didn’t live in the United States of America. Emissions rules put in place by the EPA prevented Yamaha from selling the RZ500 in the US, so the select few we get to enjoy had to be imported (typically from Canada). The RZV variant as listed here featured a much lighter hand-welded aluminum frame.

If you’d like to know more, the RZ/RD 500 Owner’s Group is an excellent source of information and as well as this article explaining some of the best improvements one can make for the bike.

This bike came from a collection belonging to former racer Ed Uding from Holland who you may know from his work with aerodynamics in racing as well as his current venture working with Deloreans.

The bike previously belonged to none other than Rick Lance of Lance Gamma.

This example is VIN: 51X020632.

The odometer shows 55,454 KM which is 34,457 miles.

Maintenance:
In preparation for the listing, the seller had us perform a safety inspection, we replaced the battery, spark plugs, tires, we cleaned/synced the carbs, performed chain maintenance, hydro flush/fill, changed the transmission oil, coolant flush/fill, installed Lance Gamma air filter, and replaced the taillight bulbs and assembly. Our service department notes the following on their condition report:

Gas Tank Internal Condition: Ok, Small amount of oxidation
Transmission Oil Level: Ok
Transmission Oil Quality: New
2T Oil Level: Ok, 1/5 full
Coolant Level: Ok
Coolant Quality: New, <150mV
Front Hydraulic Fluid Level: Ok
Front Hydraulic Fluid Quality: New, <1.5% Moisture
Rear Hydraulic Fluid Level: Ok
Rear Hydraulic Fluid Quality: New, <1.5% Moisture
Clutch Hydraulic Fluid Level: N/A, Cable
Clutch Hydraulic Fluid Quality: N/A
Final Drive Condition: Ok, Serviced
Headlight High Beam: Ok
Headlight Low Beam: Ok
Passing Light: Ok
Parking Light: Ok
Turn Signals: Ok, NO REAR SIGNALS
Tail Light: Ok
Brake Light (Front Switch): N/A
Brake Light (Rear Switch): Ok
Plate Light: Ok
Horn: N/A, NONE INSTALLED
Kill Switch: Ok
Brake Pad % Remaining Front: 80%
Brake Pad % Remaining Rear: 50%
Forks: Ok
Shock/s: Ok
Tire Date Code Front: 47/23
Tire Date Code Rear: 09/25
Tire % Remaining Front: 100%
Tire % Remaining Rear: 100%
Tire Press. Front: 33 PSI
Tire Press. Rear: 36 PSI
Battery Standing Voltage: 12.88V
Charging Voltage @ 4k RPM: 14.24V
Running Condition: Ok, runs on bench
Test Ride Completed: Yes
Test Ride Distance: 3 Miles, unit operates as designed

Notes:
-NO REAR TURN SIGNALS/PLATE MOUNT
-Small amount of oxidation in fuel tank
-Suzuki GSXR forks
-Aftermarket triple clamps
-AP brake levers
-AP front master cylinder
-No front brake switch on master
-Suzuki? Wheels
-Aftermarket shock
-Aftermarket expansion chambers
-Aftermarket filter kits – Lance Gamma Filter Frames
-Braced swingarm
-Additional radiator
-Braided brake lines
-No mirrors

Modifications:
Aftermarket exhaust, braced swingarm.

Suzuki GSX-R forks, 17″ non-OEM wheels (likely Suzuki GSX-R but not certain), AP front calipers, steel braided brake lines.

Mirrors removed.

Flush mount turn signals.

Not pictured: accessory radiator kit for the rear cylinders.

Inside of the tank:

It is riding on Shinko F009RR tires with date codes of 4723 and 0925.

The sale includes one key.

Cosmetic Blemishes: please see the album up top for all known cosmetic blemishes. Here is a selection:





Currently located at our facility in Panorama City, California, this Yamaha is offered on a clean Tennessee title. Please note that as an import, this bike lacks certain compliance and emissions stickers that the state of California would require to transfer a title. Have any RZV500 stories or questions about this listing? Let us know in the “Comments” tab!

Additional Information

Location

Panorama City, California

Year

1985

Make

Yamaha

Model

RZV500R

Mileage

34,457

VIN

51X020632

Title

Clean

Title State/Country

Tennessee

Private Party/Dealership

Dealership

Additional Charges

No

Total Bids Placed: 22

Auction has ended.

Highest bidder was: b****l

Bidder Name Bidding Time Bid Auto
b****l September 24, 2025 12:49 pm PDT $15,600
p***********d September 24, 2025 12:49 pm PDT $15,500 Auto This was automatically placed for a bidder with a higher proxy.
p***********d September 24, 2025 10:55 am PDT $15,200
b****l September 24, 2025 10:55 am PDT $15,100 Auto This was automatically placed for a bidder with a higher proxy.
b****l September 24, 2025 10:55 am PDT $14,900 Auto This was automatically placed for a bidder with a higher proxy.
p***********d September 24, 2025 10:55 am PDT $14,800
b****l September 21, 2025 3:49 am PDT $14,001 Reserve
j******0 September 21, 2025 3:49 am PDT $14,000 Auto This was automatically placed for a bidder with a higher proxy.
j******0 September 18, 2025 8:59 am PDT $12,200
b****l September 17, 2025 8:07 pm PDT $12,100 Auto This was automatically placed for a bidder with a higher proxy.
m******9 September 17, 2025 8:07 pm PDT $12,000
b****l September 17, 2025 8:05 pm PDT $10,100 Auto This was automatically placed for a bidder with a higher proxy.
m******9 September 17, 2025 8:05 pm PDT $10,000
b****l September 17, 2025 8:05 pm PDT $8,300 Auto This was automatically placed for a bidder with a higher proxy.
m******9 September 17, 2025 8:05 pm PDT $8,200
b****l September 17, 2025 1:14 pm PDT $8,100
j**********d September 17, 2025 1:14 pm PDT $8,000 Auto This was automatically placed for a bidder with a higher proxy.
j**********d September 17, 2025 12:39 pm PDT $7,600 Auto This was automatically placed for a bidder with a higher proxy.
m****0 September 17, 2025 12:39 pm PDT $7,500
j**********d September 17, 2025 11:05 am PDT $5,100
g*******************r September 17, 2025 11:05 am PDT $5,000 Auto This was automatically placed for a bidder with a higher proxy.
g*******************r September 17, 2025 8:47 am PDT $1
Auction started September 17, 2025 8:00 am PDT
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Iconic Motorbike Auctions
1985 Yamaha RZV500R
Asking price (including buyer’s fee): SOLD FOR: $16,692
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