I was recently given a Yamaha CDC-565 CD player that would not read discs. The unit would power on and the drawer would open and close, but the laser mechanism would not engage when CDs were inserted into the unit.
I noticed the laser mechanism was attached to a series of gears and a belt was hiding underneath. I removed the necessary parts, replaced the belt, and the laser mechanism started working properly and reading/playing CDs again.
Below are instructions and photos on how to replace the belt.
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