It is unique in being one of the few smaller cruiser-style motorcycles available with a shaft drive instead of a chain or belt final drive system, as well as a V-twin engine of that size. Its heavily chromed body styling is also distinctive.
This model was discontinued in 2004 in the US and 2003 in the UK as the "star" range of motorcycles form took over as the cruiser line from Yamaha. The V-Star 650 (known as the DragStar in Europe) could be seen as the successor to the XV535.
L: 2,210 mm (87 in) W: 815 mm (32.1 in) H: 1,100 mm (43 in)
700 mm (28 in)
n/a (dry) 185 kg (408 lb) (186 kg (410 lb) California model) (wet)
First and only year with the fuel tank under the seat, as the only fuel storage. The "fuel tank" on top, in front of the driver, was a dummy containing electric equipment only. This limited its range considerably.