Bullet 500 is a fun to drive bike. But fun stops once you start getting problem. Bike has got good RAW power, maintenance wise its little expensive compared to other bikes. Plus points are
No Engine oil leakage
New twin spark technology for good FE
Retro look (Not of everyone's taste) - Classic has Low seating position compared to other bullets and bike is little short because of 17" wheel (only 500cc)
Awesome Power 27Bhp (500cc), you feel punch in 2nd and 3rd gear. Area of improvement are
Spares are not reliable like old 70's-90's bike model, due to which frequent visits to workshop.
Spares are very expensive and spares parts not available handy, sometimes need to wait more than a month
Annoying delivery time of up to 10 months.
I wanted a bike which can serve my ride whenever I want to go I waited 3+months for bike delivery, by most of the time my bike used to visit workshop. So I thought whats the use of bike which is not serving my purpose after spending 1.2lacs and most of the times spending in garage. So I sold my Machismo500 and bought Pulsar 220 Dtsi. Above are my friends and my personal experience who owned RE (Machimso500 - 2bikes, Machismo 350 - 1bike, Thunderbird350 -1bike, Classic500 - 1bike and Electra 5 speed - 2Bikes) at present Classic500, TB350 and one Electra 5 speed bike is left in my friends group. We still love the Bull but its very heavy on pocket to maintain, if spares are reliable and Bull releases a V-twin I'm in ready to join Bull family again.