Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - I'd like an appraisal on a bike, if any of you could help.

I don't know a whole lot about vintage bikes. But, luckily, this is a Schwinn and there's probably a lot of knowledge about them.

It's a 1974 Schwinn Suburban that I found belonged to an elderly neighbor of mine. I bought it from him for $40. It had been stored indoors but it had minor surface rust on most of the chrome bits, badly aged tires/brake pads, and its components needed adjustment and cleaning. I have fixed all of that. Thoroughly went over the bike with steel wool + warm soapy water. Chrome is nice and shiny now. Gave it brand new tires and brake pads. Degreased and lubed the derailleurs and chain and adjusted everything.

Rides really well now. Honestly the bike cleaned up great and looks tip top now, but I'm having trouble figuring out what a good asking price for it would be for a CL listing.

http://i41.tinypic.com/14sk23b.jpg

Ready to ride plus college town= $125 or so. Best luck selling at beginning of fall term, prolly go very quickly then. Might be slow, real slow, now.

Hint: use brass/bronze wool, not steel, to clean chromed parts. Steel wool will clean up, but accelerate rust over the long term.

+1 In a good market in the summer this bike might bring $125. Right now there's a guy trying to sell a similar Suburban for $100, it's been sitting for weeks now. But there's snow on the ground and people aren't looking for bikes around here.

that is a great looking bike.

that is a great looking bike.Thanks. :) I pretty much did all the restoration on it. It had a good 25-30 years of dust and grime on it when I got it. I'm banking on its handsomeness bringing home a buyer.